Gref predicted the reduction of tension in relations with Turkey in 2016

Moscow. December 4. The head of Sberbank German Gref expects an improvement of relations of Russia with Turkey in 2016.

“I have a positive Outlook for 2016. I believe that the peak of negative events left this year, and next year will be a de-escalation, and I think that you and a certain role in this is reserved, so we dismantled this level of horizontal relationships among companies,” Gref told journalists on Friday after a “straight line” with the Bank employees.

In Turkey Sberbank DenizBank owns, which in 2012 was purchased approximately 3 billion euros. Earlier this week the Deputy Chairman of Sberbank Bella Zlatkis told reporters that the Bank sees no problems with his Turkish business.

Sberbank also plans to evaluate the impact of the situation with Turkey on the business of Sberbank group. “By the end of next week the result will be, now we are assessing all clients, it will be possible to assess which parts can suffer,” said Gref.

On 24 November over the territory of Syria Turkish military aircraft was shot down by Russian su-24 that participated in the operation against ISIS. According to Moscow, the plane was at a distance of one kilometer from the border with Turkey and fell in four kilometers from her. Vladimir Putin called the attack a stab in the back from supporters of terrorism and promised that the incident will lead to serious consequences for Russian-Turkish relations.

The Russian government previously has published the decree concerning restrictive measures against Turkey. According to the document Russia on December 1 this year introduced a ban on Charter plane flights to Turkey except for flights operated for the transportation of Russian tourists from this country.

From 1 January 2016, Russia will suspend visa-free regime for Turkish citizens. The list of organizations who are allowed to recruit workers from Turkey, will be prepared by December 10. All other organizations will not be allowed to take Turkish citizens to work.

Also until December 10, will be formed the list of Turkish companies to the restrictions on employment in the Russian Federation. The number of permits for Turkish carriers is reduced to 2 thousand

From January 1, Russia bans import of Turkish vegetables, fruits, poultry and salt.

Also Moscow is suspending the activities of the intergovernmental Russian-Turkish Commission on trade and economic cooperation, suspends the negotiations with the intergovernmental agreement on trade and investment and freezes the joint project with Turkey the investment Fund.

Duration and nature of restrictive measures can be changed by the actions of Turkey.