TURKIYE is looking for opportunities to increase trade with Russia, including the investment in Russian tourism market, Turkish Deputy Trade Minister Mustafa Tuzcu told Sputnik at the 2025 St. Petersburg International Economic Forum (SPIEF).
“We see that besides trading in commodities, our trade is in good condition. Nevertheless, we are trying to expand the ties between our companies in different sectors. We are trying to see what other means we can use to increase trade between our countries,” Tuzcu said.
Citing the decrease in bilateral trade by 6.8 per cent in 2024, the Turkish official opined that it was primarily due to a decrease in world commodity prices as there were otherwise no structural problems in bilateral trade.
“You know, energy carriers are an important source of our trade. And you know that last year the prices of commodities and energy resources fell. This affected the trading figures. And in metallurgy, we also see that prices have fallen.
SPUTNIK
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