Russia Threatens Economic Sanctions Against Turkey

Apart from the risk of energy security, Russian Federation is also Turkey’s second biggest trade partner.

The Global Agricultural Information Network (GAIN) discovered in August that Turkey supplied Russian Federation with 6,986 metric tons of broiler meat.

Plus, she said, low oil prices are much more of a drag on the Russian economy than the sanctions.

Lastly, Turkish citizens travelling to Russia now claim that they are subject to additional attention of the Russian customs and migration authorities and lengthy identity verification procedures. “Our trust in them as partners is undermined”, Mikhail Myen, head of Russia’s Construction Ministry, told the business paper, RBK.

Putin laid into the Turkish government again on Thursday night, calling president Tayyip Erdogan’s suggestion that Turkey had been unsure the plane was Russian “nonsense” and lashing out at the United States as well, saying Russia had informed American officials where the jet would be but they had done nothing to prevent the shooting down.

It has also been announced by the Russian customs authorities that all goods imported from Turkey are subject to customs inspection with high scrutiny. Kremlin propaganda outlet Russia Today reported that Rosselkhoznadzor, Russia’s food safety regulator, “stopped a 162 ton shipment of chicken from Turkey for not having proper food safety certificates” on Wednesday.

Earlier this week, Medvedev warned that the many joint projects between the two countries could be in danger. The planned Akkuyu nuclear plant, that Russian Federation was to build in Turkey, was now in doubt.

“After such tragic events like the destruction of our plane and the death of our pilot this is a necessary measure” Putin said in televised comments.

Russian Federation plans to retaliate against Turkey for the downing of a warplane by imposing sanctions, cutting economic ties and scrapping major investment projects.