Turkey Says It Will Not Apologize For Downing Of Russian Jet

The repatriation followed a military funeral service attended by the Russian ambassador and other military officials, the military said. Additionally, it is expected that Putin is going to impose a number of economic sanctions and cancel joint projects in a bid to further cripple the Turkish economy. Turkey and Greece dispute the sovereignty of islands in the Aegean Sea along with other territorial waters and national airspace, reported The Week.

Turkey claims it shot down the Russian Su-24 jet because it repeatedly ignored warnings not to encroach into its airspace.

With Russia refusing to import from the European Union and now imposing a trade embargo on Turkey, it is the local Russians who might have to brace for higher prices, fear experts.

In 2014, Turkey violated Greek airspace more than 2,000 times, a sharp increase over previous years.

At Russia’s request, the pilot had been given Orthodox funeral rites, and his body would be handed over to Russia, Turkey’s semi-official Anadolu news agency reported.

He added that Russian planes were easily identifiable and Turkey was making excuses for its actions.

“You just chuck one nuclear bomb into the straits, and there’d be a huge flood”.

Erdogan appealed for dialogue, saying the United Nations climate change conference in Paris, which he and Russian President Vladimir Putin are expected to attend, would be a good place to have such talks. The country insists it acted merely in self-defense. The words triggered furious rhetoric at the Kremlin.

Maintaining that the military was “doing its job defending the country’s airspace”, Turkish Prime Minister Ahmet Davutoglu refused to apologize to Russian Federation for shooting down a warplane that was operating in Syria, but ventured into Turkish airspace.

The Russian president added Russia had received more information which confirmed IS oil goes through Turkish territory.

Mr Erdogan warned Mr Putin about “playing with fire” in a speech in northeast Turkey, broadcast live on television.

“We wouldn’t have wished this to happen”.

The Turkish president also accused Putin of backing Syrian President Bashar al-Assad’s “terrorist state” in Syria.

An F-16 Fighting Falcon takes off from Incirlik Air Base, Turkey, on August 12, 2015, for airstrikes against Islamic State targets in Syria.

“The impact… will, in general, probably be limited”, said William Jackson Senior Emerging Markets Economist at Capital Economics in London, putting the maximum cost to the Turkish economy at 0.5 percent of GDP annually.