Friday, September 21, 2007

GROWING RUSSO-TURKISH ECONOMIC TIES OVERSHADOW POLITICAL DIFFERENCES - Eurasia Daily Monitor

"GROWING RUSSO-TURKISH ECONOMIC TIES OVERSHADOW POLITICAL DIFFERENCES

By Gareth Jenkins

Friday, September 21, 2007

Despite continuing political differences, Russia is rapidly becoming one of Turkey’s most important trading partners.

According to figures released by the Turkish Statistical Institute (TURKSTAT), during the first six months of 2007 Turkey’s exports to Russia rose by 60.3% over the same period of 2006 to reach $2.1 billion. In 2006 annual Turkish exports to Russia stood at $3.3 billion, an increase of 36.2% over 2005."

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