Turkey will not apologise to Russian Federation over jet downing: Minister

Joint projects such as Turkey’s Stream project and nuclear power plant construction were also frozen. According to a statement by Turkish armed forces, a plane of “unknown origin” was intercepted by a pair of F-16s and ordered 10 times within five minutes to leave Turkish airspace. Neither EconoTimes nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon.

The Russian Ministry of Agriculture says, in 2014, Russia imported agricultural products and foods worth US$1.7 billion (AU$2.4 billion) from Turkey.

Earlier TASS reported that Deputy Prime Minister Arkady Dvorkovich was expected to deliver a report on restrictive measures against Turkey. For Turkey, Russia is the source of the second-largest number of tourist arrivals after Germany.

The shooting down by Turkey of a Russian Su-24 fighter-bomber on Tuesday morning caused a confutation between the two countries.

The rising of tension between Moscow and Ankara over Turkey’s downing of a Russian warplane can be settled through mutual discretion and prudence, Iranian Foreign Minister Mohammad Javad Zarif asserted on Friday.

Both the Russian Football Union and sports ministry have urged Russian clubs to find alternative training bases during the winter break, with politician and member of the Russian Football Union’s Executive Committee Igor Lebedev saying: “The Executive Committee has made a decision to recommend the Russian clubs not to spend their winter training camps in Turkey due to the political situation”.

President Vladimir Putin called the downing of the Russian jet a stab in the back and added that Turkey was supporting terrorism.

Turkey saw a decrease of approximately 25 percent in the number of tourists fromRussiaand its neighbors over this year.