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    Hurriyet Daily News: Russia and Turkey: Pending problems

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Summary

Differences between Russia and Turkey will remain an inhibitor of their economic cooperation but the two would be wise to neglect foreign policy matters and concentrate on the development of economic ties.

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Press Notes

Hurriyet Daily News: Russia and Turkey: Pending problems

The degree of Russia’s interest toward the Turkish market is limited to large-scale projects that can only pay dividends in the long run (for instance, the construction of the Akkuyu nuclear power plant and the laying of oil and gas pipelines across Turkish territory).

It might be that Moscow will not get any expected return at all because Ankara is quite capable of switching from one project to another in accordance with its own geopolitical and economic interests.

It would be instructive enough to recall the Nabucco gas pipeline project that was but a rival to the South Stream gas project.  MORE