Russia and Turkey took a big step toward
normalising relations on August 9, 2016, with their leaders announcing
an acceleration in trade and energy ties at a time when both countries have troubled
economies and strains with the West. Russian President Mr.
Vladimir Putin received his Turkish counterpart Mr. Recep Tayyip Erdogan in a Tsarist-era palace outside his home city of
St. Petersburg. Both the leaders patched
their relations and pledged to restore
close economic relations. Russian President
Mr. Vladimir Putin agreed to work
toward restoring full relations with Turkey,
but said that rebuilding trade ties
would be time consuming. He said that
Russian trade sanctions on Turkey would
be phased out step by step.
President Mr. Erdogan said that
the two countries would restore their
yearly
bilateral trade target of $100 billion and would speed up the resumption of charter flights from
Russia to Turkey. Mr. Erdogan also said that he
was ready to build a natural gas pipeline
with Russia and negotiate a deal to construct Turkey's first nuclear power plant. The two leaders agreed to meet later to seek common ground over
how to resolve the crisis in Syria. It was Mr. Erdogan's first visit to Mr.
Putin's hometown of St. Petersburg after the
failed coup in Turkey in July 2016. Mr. Erdogan is
turning to Russia after post-coup criticism from the West.
The diplomatic
relations between the two nations went wrong
in November 2015 when Turkey shot
down a Russian bomber, the Su-24 jet,
on the Syrian border. After this
incident, Russia imposed trade
sanctions and suspended Russian package
tours to Turkey. The incident also put
two energy projects, the TurkStream
gas pipeline across the Black Sea and
the Akkuyu nuclear plant being
built by Russia's Rosatom in Turkey, on hold. While progress in the talks is expected on economic issues, the
conflict in Syria remains a sticking point.
Russia's bombing campaign in support
of Syria's President Mr. Bashar
al-Assad had already put a chill on
relations between Moscow and Ankara,
which supports rebel groups in Syria's five-year civil war and wants to see Assad leave power.
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