Turkey faces big losses as Russia sanctions bite

Russian sanctions are now affecting Turkish tourism, construction firms and food exports, amid a bitter dispute over the Syria conflict.

The Kremlin reacted with fury when a Turkish F-16 fighter shot down a Russian Su-24 bomber on the Syria-Turkey border in November.

Russia has banned:

  • The import of Turkish fruit and vegetables, poultry and salt
  • The sale of charter holidays for Russians to Turkey
  • Construction projects with Turkish firms in Russia unless a special exemption is granted

There are restrictions now on Turkish citizens working for companies registered in Russia.

And Russia has suspended work on TurkStream – a new Black Sea pipeline that was to boost Russian gas exports to Turkey.

Read more » BBC
See more » http://www.bbc.com/news/world-europe-35209987

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