"This is definitely an act of aggression against our state on the part of Turkey, our neighbor and the North Atlantic alliance member also," Medvedev said.

"Defense and diplomatic response measures have already been taken against this crime and will follow as well," the prime minister said, adding that economic measures will also take place, TASS wrote.

According to Medvedev, the government is tasked to develop a system of response measures in economic and humanitarian spheres against the aggression act. Decisions will be made on the basis of 2006 year special economic measures law designed for such situations.

Read alsoPutin demands apologies, compensation for downed jet from Turkey"It establishes the following set of measures: suspension of implementing economic cooperation programs, restrictions of financial operations, restrictions of foreign trade deals, changes in import and export customs duties, measures affecting the tourism sphere, transportation, including transit, aircraft and vessels movement, humanitarian contacts, and, finally, use of the workforce," Medvedev said.

The government was given two days to prepare proposals on restricting measures against Turkey.

"I suggest that this should be done in two days so as we can switch to practical procedures as soon as possible," Medvedev said. 

The prime minister also said that this is the task for a number of ministries, which should take part in the preparation of the relevant presidential decree and cabinet ruling. According to him, the documents should be submitted to the cabinet and the presidential administration.

Read alsoConfrontation between Russia and Turkey can "shelve" Turkish Stream project - expert"These documents won't have any end dates. The term will depend on the international situation, ensuring security as part of the law on special economic measures and finally – on our relations with Turkey," he said.