US: Russia uses Turkey to evade sanctions - NEWS

 US: Russia uses Turkey to evade sanctions

US Russia uses Turkey to evade sanctions

Deputy US Treasury Secretary Wally Ardmore confirmed that Moscow is trying to use Ankara to evade sanctions imposed on it after European Union officials raised concerns about the rapprochement between Russia and Turkey.

In a conversation with Deputy Treasury Secretary Yunus Elitas, Ademo expressed his country's concerns that Russian entities and individuals might use Turkey to evade sanctions imposed by the United States and 30 other countries.

He renewed US interest in Turkey's economic success, expressing the Treasury's commitment to working with the government of Ankara to protect the integrity of its banking sector.

Russian-Turkish rapprochement

The developments come after European Union officials expressed concerns about reconciliation between Russia and Turkey and warned that Turkey would become a trading platform for Moscow, the Financial Times reported.

Officials described Turkey's behavior with Russia at this time as highly opportunistic, and stressed that the energy and food deal between Moscow and Ankara had raised concerns.

  • Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan agreed on Friday to boost cooperation in the economy and energy sectors after a meeting in Sochi on Russia's Black Sea coast.
  • The Kremlin said in a statement that the two presidents agreed to enhance bilateral trade exchanges and realize their common aspirations in the economic and energy fields.
  • In a joint statement, the two countries' presidents called for concrete measures to boost cooperation in areas such as transport, agriculture, industry, finance and tourism, according to AFP.
  • They also highlighted Ankara's role in transporting Russian gas to Europe via the TurkStream pipeline, saying that European partners should thank Turkey for ensuring uninterrupted delivery of Russian gas.
  • In addition, according to the announcement of Russian Deputy Prime Minister Alexander Novak, the two presidents agreed to pay part of Russian gas supplies to Turkey in rubles, praising the new phase and new opportunities.

Open a new page

Notably, Russia has for months sought to impose its own currency in international transactions in response to the euro and the dollar, given the unprecedented level of Western economic sanctions that the war on Ukraine has affected.

Before the meeting, Erdogan expressed his hope that his meeting with Putin would open a completely different page in the relationship between the two countries.

He also confirmed his intention to secure the construction of the Russian Rosatom Group for a nuclear power plant in Akkuyu, southern Turkey, while disagreements may delay the implementation of the mega project.