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Free AccessTurkey Reportedly Agrees To Ruble Gas Payments
According to Russian state media agency TASS, Russian President Vladimir Putin and Turkish President Recep Erdogan have agreed to boost cooperation in transport, agriculture, and construction, following the conclusion of a four-hour meeting at the Russian Black Sea city of Sochi.
- According to Russian Deputy Chairman of the Government Alexander Novak, Putin and Erdogan have also agreed a deal that will allow Turkey to make partial payments for gas in rubles.
- If confirmed by Istanbul, it will be considered a major victory for Russian President Vladimir Putin. It is likely that such a deal was facilitated by Moscow greenlighting a Turkish military operation in northern Syria.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.