Bloomberg: Turkey lifted restrictions on wheat from Russia

Bloomberg: Turkey lifted restrictions on wheat from Russia

The Agency reported this, citing a statement by Turkey’s economy Minister Nihat Zeybekci.

MOSCOW, may 4. /TASS/. Turkish companies are unable to resume duty-free import of Russian wheat. This was announced by the Minister of economy of Turkey Nihat Zeybekci, speaking in Istanbul, his words were cited by Bloomberg.

Agreement on the removal of Turkey’s restrictive duties on Russian grain was reached after talks between Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan in Sochi. However, the timing of the lifting of the ban was not specified. The Vice Premier of Russia Arkady Dvorkovich told reporters that it was a matter of a few days.

Since March 15, Ankara has excluded Moscow from the list of countries importing agricultural products duty-free.

From 1 January 2016 at the background of aggravation of political relations, Russia imposed a ban on the import of a whole list of agricultural products from Turkey. In March, the government lifted the ban on the supply of chewing gum, salt, onions, cauliflower, broccoli and cloves from Turkey. This is not the first easing of the embargo against the Turkish Republic. In October 2016, Russia has allowed the import of Turkish fruit (stone fruit and citrus).