Sunday, January 3, 2016

Russia imposes economic sanctions against Turkey

Relations between Turkey and Russia have sharply deteriorated since Turkey shot down a Russian jet. President Vladimir Putin signed a decree imposing a raft of punitive economic sanctions against Turkey
Russia
  • Russia imposing economic sanctions and revoking a visa-free agreement, while Turkey has sought to cool tensions, seeing the Paris climate change talks that start this week as a chance to mend ties.
  • Both United States along with other allies, including Turkey, as well as Russiaare carrying out air campaigns against the Islamic State (IS) and other groups.
  • However, Russia sides with Syrian President Bashar al-Assad, and has been accused by the West of using its bombing campaign to help him instead of targeting the IS.
Key points :
  • Russia Capital, Currency :Moscow, Russian Ruble
  • Turkey Capital , Currency : Ankara, Turkish lira

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