MOSCOW, November 26. The Ministry of construction of the Russian Federation did not rule out leaving the Russian construction market to Turkish companies and workers. This was announced by the Minister of construction and housing Mikhail Men.
“Trust them as partners, undermined”
“In the real estate segment, primarily commercial, is quite a lot of Turkish companies, and we do not exclude that some of them will go with the implementation of major projects in the country. Their credibility as partners, undermined”, – said the head of Ministry of construction.
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The Ministry together with other ministries and large developers will analyze joint projects of Russia and Turkey. “After the events with the Russian plane any support for Turkish projects in the Russian construction market will be revised,” – said the Minister.
However, he believes that the withdrawal of the Turkish companies will not have a major impact on the Russian construction market. “In the mass housing economy class we are Russian developers in the construction of housing of a premium class is a Turkish company, which will replace the domestic players of the market”, – concluded the Minister.
Men also reported that the Ministry of the Russian Federation will review with other agencies and big developers, joint development projects in Russia and Turkey.
“In the near future together with other ministries and large Russian companies will be analyzed joint development projects of the two countries”, – said the Minister.
“After the events with the Russian plane any support for Turkish projects in the Russian construction market will be revised,” – said Men.
Economic measures
The government will develop economic restrictive measures against Turkey in response to the attack of the Turkish air force Russian su-24, as stated previously, Prime Minister Dmitry Medvedev, saying that the day before had discussed the issue with Russian President Vladimir Putin.
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“As a result, the government was instructed to develop a system response to an act of aggression in economic and humanitarian spheres”, – said Medvedev. According to him, decisions will be made on the basis of the law on special economic measures from 2006, which is designed for this situation.
“There is such a set of measures is the suspension of the implementation of economic cooperation programmes, and restrictions on financial transactions and restrictions on foreign trade transactions and changes in customs duties – import and export, measures the impact on the tourism sector, for transportation – including transit, the movement of air and water vessels, and humanitarian contacts. Finally, the use of labor force”, – Medvedev listed.
The Prime Minister gave two days to prepare proposals on restrictive measures against Turkey. He stressed that these measures will not be limited by any term.
The attack on the Russian su-24M
A fighter from the Turkish air force F-16 on Tuesday shot down a Russian su-24 bomber. Moscow claims that the Russian plane was over Syrian territory, there participating in the operation against ISIS. According to the Ministry of defence of the Russian Federation “violation of air space of Turkey.” Russian President Vladimir Putin warned that the attack on the bomber su-24 will have “serious consequences” for Russian-Turkish relations.
NATO Secretary General Jens Stoltenberg at the extraordinary meeting of the NATO Council convened at the initiative of Turkey, has called for calm and de-escalate in contacts between Moscow and Ankara.
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