The speaker: the Fund’s investments to Turkey may be terminated

The speaker: the Fund’s investments to Turkey may be terminated


Long-term five-year program from 2016 to 2020 on trade-economic and scientific-technical cooperation with the Republic of Turkey will be stopped, said the head of Ministry of economic development Alexei Ulyukayev.

MOSCOW, 26 Nov. The RF may stop working on a Fund for joint investments in Russia and Turkey, said the head of Ministry of economic development Alexei Ulyukayev.

“Unfortunately, we will be forced to stop work on the preparation of a number of serious agreements that we prepared with the Turkish Republic. This free trade agreement in services and investments, is a long-term five-year program from 2016 to 2020 on trade-economic and scientific-technical cooperation. The agreement on creation of joint investment Fund,” he told journalists Ulyukaev.

He stressed that all these projects will be terminated.