The relations between Russia and Turkey have deteriorated sharply after the downing of the Russian Su-24 bomber by the Turkish Air Force on November 24 after violating its airspace.
From January 1, 2016 Russia banned imports of a number of products from Turkey, cancelled a visa-free regime between the two countries, and imposed restrictions on employment of Turkish citizens.
In addition, Russia and Turkey suspended talks on the Akkuyu Nuclear Power Plant, theTurkStream pipeline and a number of other projects.
Read alsoTurkey may lose $9 bln from rupture of relations with RussiaAccording to Turkish Deputy Prime Minister Mehmet Simsek, Turkey may lose $9 billion in the worst-case scenario of development of its relations with the Russian Federation.
