Putin says Russia, Turkey abolish all trade restrictions

BOCHAROV RUCHEI, Sochi, May 3 (PRIME) -- Russia and Turkey will abolish all trade restrictions between the countries, President Vladimir Putin said at a press conference following a meeting with his Turkish counterpart Recep Tayyip Erdogan on Wednesday.

“We have paid special attention to cooperation in the economic sphere and abolishing of restrictions and barriers that prevent expansion of trade and investment exchanges and covered the option of settlement of our accounts in the national currencies,” he said.

He added that all previously imposed mutual trade restrictions have been canceled.

“All limitations are harmful for the economy and for our producers,” Putin said.

The president also said that turnover between Russian and Turkey increased by 3% in the first months of this year.

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