Turkish companies operating in Russia cannot generate income due to the strict restrictions imposed by the West on banking transactions with the Russian Federation. A Turkish newspaper reports this Economy.
The publication states that exporters have asked authorities to include Russia in the list of 33 countries where transactions can be made outside the banking system. This will allow you to bypass sanctions restrictions.
According to the publication, companies cannot close export contracts because banks return payments from Russia. Exporters are deprived of the opportunity to generate revenue from supply. The newspaper’s sources state that the blockade imposed by the West on Turkish banks is very strict. Turkey’s economic authorities are trying to solve this problem.
Before this, the United States had warned Turkish banks that they should carefully control cross-border transfers from Russia. Ankara does not see the situation as a disaster and is waiting for a solution.
Before that, some Turkish businessmen plans Sue the United States over sanctions imposed on Russia.
Formerly Ambassador to China explained Disruptions in recent agreements with Russia.