Tuesday, September 09, 2008

Russian trade dispute costs Turkey $500 mln

"Russian trade dispute costs Turkey $500 mln
Tuesday, September 9, 2008

A trade dispute with Russia has cost Turkish companies $500 million, daily Milliyet reported, citing Foreign Trade Minister Kürşad Tüzmen. Lengthy customs procedures imposed by Russian authorities are delaying the arrival of Turkish-made goods, Tuzmen said in Ankara after meeting exporters. Clothing exporters risk missing the fall season and losing market share, he said."

More:Russian trade dispute costs Turkey $500 mln - Turkish Daily News Sep 09, 2008