HomeEconomyPutin warns ‘friend’ Erdoğan against Ukraine, economic ‘losses’

Putin warns ‘friend’ Erdoğan against Ukraine, economic ‘losses’

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Russian President Vladimir Putin hailed on Wednesday a partnership with Türkiye on nuclear power and Ankara’s stance on Israel’s warfare on Gaza however claimed that the Turkish financial system stands to lose if Turkish authorities hold turning to the West for monetary assist.

Putin additionally urged the Turkish authorities towards cooperation with Ukraine, which he stated “tries to the hit the pipelines carrying gasoline to Türkiye.”

Amid an ongoing Russia-Ukraine warfare, which entered its third 12 months this February, Türkiye was one of many uncommon regional gamers that managed to uphold the neutral method, in search of to pursue the function of mediator within the battle whereas additionally, alongside the U.N., brokering the landmark Black Sea grain deal, which allowed supply of Ukrainian grains to the nations in want.

Speaking at a gathering with the heads of worldwide news businesses within the Russian metropolis of St. Petersburg throughout a serious financial summit, the Russian president answered the questions of Anadolu Agency (AA).

Touching on financial relations between Türkiye and Russia, Putin emphasised that the development of Türkiye’s first nuclear energy plant, Akkuyu, within the southern Mersin province is progressing based on schedule.

He stated that many Turkish consultants are engaged on the undertaking and famous that the Akkuyu Nuclear Power Plant (NPP) is opening a brand new subject for the Turkish financial system and power sector.

Stressing its strategic significance for Türkiye, Putin stated that “besides many benefits, it also reduces dependency on hydrocarbon resources. We have a reliable working partnership in this field.”

The Akkuyu NPP, situated within the Gülnar district of Mersin, may have an influence technology capability of 35 billion kilowatt-hours (kWh) in spite of everything 4 items are accomplished.

According to the intergovernmental settlement between Türkiye and Russia, the primary unit is predicted to begin electrical energy technology in 2025, seven years after the development license for the primary energy unit was obtained.

Built by Russia’s state atomic power firm Rosatom, the plant on the southern coast, which can also be the primary nuclear facility in Türkiye, is predicted to considerably contribute to electrical energy wants, estimated to fulfill about 10% of whole home wants, as soon as accomplished.

Turning to the deliberate pure gasoline hub in Türkiye, Putin stated it’s meant to be an digital platform for gasoline buying and selling, primarily for Europe.

“There is something I want to draw your attention to. While Türkiye cooperates with Ukraine in some areas, Ukraine tries to hit the pipelines carrying gas to Türkiye,” he claimed.

“This is not a joke or an exaggeration in any way. Two drones were jammed by Russian electronic warfare systems and fell near the gas pumping station on the Black Sea coast,” he added.

“Please inform our friend President Erdoğan about the facts regarding this matter.”

“There are also continuous attacks with unmanned sea vehicles on ships protecting the energy infrastructure under the Black Sea,” argued Putin.

Pointing to the event of commerce relations and the commerce quantity between Türkiye and Russia, Putin appeared to warn Türkiye and stated, “It seems to me that recently, the economic bloc of the government in Türkiye has focused on obtaining loans, making investments, and receiving grants from Western financial institutions.”

“This is probably not a bad thing. But if it is related to the restriction of trade and economic relations with Russia, then the Turkish economy will lose more than it gains. I think there is such a threat.”

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