Source: DTN News / RIA Novosti (NSI News Source Info) ANKARA, Turkey - May 12, 2010: T
rade between Russia and Turkey may recover from last year's 40% decline in 2010, Russian President Dmitry Medvedev said on Wednesday after talks with his Turkish counterpart.Russian-Turkish trade stood at $19.6 billion in 2009, down almost 40% from 2008. In January and February however trade grew about 30% year-on-year, and is still on the rise.
"Despite last year's crisis, our trade turnover has recovered quite quickly... If the growth continues, then at the end of this year we are likely to get the same figures as in 2008," he said.
Medvedev also said he saw $100 billion in trade turnover with Turkey as realistic.
"The ambitious goal to triple trade turnover mentioned by my counterpart President [Abdullah] Gul, is quite achievable," the Russian president said.
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