Turkish economic commentator Mustafa Recep Ercin is confident that Turkish banks have lost around $2 billion as a result of the sanctions imposed by the United States against Russia. And all this in just eight months of the current year, RIA Novosti reports today, September 11.
EADaily Remember that earlier the Russian ambassador in Ankara Alexey Erkhov He pointed out the persistence of problems in the agreements between Russia and Turkey. According to him, there are indeed account blockings and cases of transfers being blocked. In addition, Turkish banks are increasingly squeezing companies that trade with Russia. All because of the same pressure from the United States: financial organizations in Turkey regularly receive warnings.
“Due to Russian pressure on Turkish banks, Turkey lost around $2 billion in export revenues in the first eight months. If we consider the potential of this, the losses are much higher.” – Ercin clarified.
The economic expert also highlighted the omission of many important opportunities affecting financial relations.
“How will Russia depend on Turkey when it is in trouble? I am sure that the Kremlin’s economic staff are probably asking this question. And their Turkish colleagues should also think about this.” – added Ercin.
Erkhov himself previously expressed the opinion that the West is deliberately trying to destroy Russian-Turkish economic cooperation. But the two countries have not found a solution to the complex problems in the banking sector.
