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Russia Says Cooperation With Turkey 'Ongoing' in Air Defence & Armed Forces

TURKEY

LOCAL NEWS

  • Russia says defence cooperation with Turkey is 'ongoing' in the development of a fifth generation fighter jet (TF-X) at the Dubai Air Show on Sunday.
    • Rosbornexport Director says "we are ready to implement a wide range of relations in both air defence and the armed forces.
    • The TF-X project has struggled to gain traction and is still in need of an engine, which was discussed with Russia in September 2021
  • Ukraine set to make second purchase of Turkish Bayaraktar drones in 2022.
    • Turkey continues to walk a fine line between Russia & Ukraine, even after Putin warned Turkey against continuing to support Kiev's militaristic tendencies by selling it more drones.
    • On October 31, however, Cavusoglu distanced turkey from the blame of the use of Turkish drones in the Donbass – saying that once purchased Turkey bore no responsibility for how they were used

Data

  • 0700GMT: Oct home sales, 141.7k prior
  • 0700GMT: Oct Home sales y/y, 7.6% prior
  • 0800GMT: Oct Central Govt Budget Balance, -23.6bn prior
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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