Turkey shot down Russian warplane to protect IS oil trade: Putin

Russian Federation has accused Turkey of shooting down its warplane near the border with Syria in order to protect its oil trade with the Islamic State (IS) group.

President Barack Obama met with Russian President Vladimir Putin in Paris, on the sidelines of an worldwide summit to combat climate change, according to a White House official. The Turkish government has denied it has any ties to the Islamic State, Sunni radical militants also identified as Daesh and by the acronyms ISIS and ISIL.

On Monday the USA state department said evidence from Turkish and U.S. sources indicated the aircraft did violate Turkish airspace.

Turkey insisted it had given the Russians ample warning to leave the airspace before downing the jet, while Russia argued the jet only briefly crossed Turkey’s airspace and posed no danger to the country that could have warranted the shoot-down.

On Monday, the body of Lt. Col. Oleg Peshkov, the Russian pilot who was killed, was flown back to Russia following a military ceremony in the Turkish capital, Ankara, Turkey’s military said. “But if the Russian side wants to talk, and wants to prevent any future unintentional events like this, we are ready to talk”. It is likely that these two caveats of the sanctions will impact Turkey’s construction industry considerably as the two countries have been working together increasingly on various projects.

Local reports said Peshkov will be buried Wednesday after his body arrives in his hometown Lipetsk, an industrial city in central Russian Federation.

“Some time after the first of the year, Russian Federation will ban many types of agricultural imports and other products from Turkey”. Additionally, “certain types of work” carried out by Turkish companies in Russian Federation have been prohibited, while the work permits for Turkish nationals in Russian Federation will be barred from extension as of January 1.

Ahmet Davutoglu also said Turkey hopes Moscow will reconsider economic sanctions announced against Turkish interests following last week’s incident. One Russian soldier was killed in a rescue operation.

Spokeswoman Elizabeth Trudeau said the USA wanted to “encourage dialogue now… we need to de-escalate the situation”.

Arnavut went on to voice gratitude to Turkish President Recep Tayyip Erdogan for allowing Syrian Turkmen civilians injured in the recent fighting into Turkey.

Russian Federation is a staunch ally of embattled Syrian President Bashar al-Assad, while Turkey and its Western allies have supported rebel groups seeking to overthrow his rule.