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Russia turns to Turkey to soften impact of sanctions, says Washington Post Middle East Monitor

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Following its invasion of Ukraine, Russia is counting on Turkey to reduce the pernicious level of Western sanctions on its economy. washington post In an article of in-depth analysis of the news.

Russian President Vladimir Putin will meet Turkish President Recep Tayyip Erdogan in Sochi on Friday to strengthen economic ties with NATO members who have not joined sanctions against Moscow, according to an analysis.

Russia hopes that Turkey will accept new channels that will help bypass these restrictions on the banking, energy and industrial sectors, the analysis adds.

Putin’s proposal, shared on WP by Ukrainian diplomats, calls on Erdogan’s government to allow Russia to buy stakes in Turkish oil refineries, oil terminals and depots.

On the other hand, there is no indication that Turkey will support these arrangements. It jeopardizes Turkey’s relations with the West and the country’s access to Western markets.

Lily: Geopolitics of rare earths and potential role of Turkey

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Russia looks to Turkey to soften impact of sanctions, says Washington Post Middle East Monitor

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