Friday, August 5, 2022

Putin and Erdogan agreed to buy Turkey part of Russia's gas in rubles; Kadyrov to visit Turkey

    Friday, August 05, 2022   No comments

Russian Deputy Prime Minister Alexander Novak announced that Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan have agreed to sell part of Russian gas to Turkey in rubles.

"Gas supplies to Turkey were discussed, which is supplied in fairly large quantities: 26 billion cubic meters annually. During the negotiations, the two presidents agreed that part of the gas supplies would be paid for in rubles," Novak said.

"We are talking about a gradual transition to national currencies, and in the first stage, part of the supplies will be paid in Russian rubles," he added.

Earlier in the day, Russian presidential spokesman Dmitry Peskov announced the end of talks between Russian President Vladimir Putin and his Turkish counterpart, Recep Tayyip Erdogan, in the Russian city of Sochi, after they lasted for four hours. Putin and Erdogan discussed several files, most notably the files of Syria, Libya, Ukraine and energy.

It is worth mentioning here that the Russian President issued his instructions to transfer all payments for gas supplies to Europe into the national currency, stressing that "it makes no sense to supply Russian goods to the European Union or the United States of America and to receive payments in euros and dollars."

There were reports that the president of Chechnya, Ramazan Kadyrov attended the meetings in Sochi. Perhaps responding to such reports, Kadyrov released the following statement:

During the face-to-face talks between Vladimir Vladimirovich Putin and Recep Tayyip Erdogan, I personally met Turkish Foreign Minister Mevlut Cavusoglu and head of the Turkish national intelligence organization Hakan Fidan. We had an informal rich and productive conversation, during which we came to a common opinion on the need to establish close cooperation between Turkey and the Chechen Republic on various issues.

Historically, our peoples are connected by a lot, especially since a fairly large number of ethnic Chechens currently live in Turkey. Mevlut Cavusoglu expressed hope that this informal meeting would be the beginning of further development of relations and establishing contacts. I agreed with the Turkish Foreign Minister and also noted that both sides would benefit from joint undertakings.

At the end of the meeting, the distinguished guests invited me to visit Turkey, during which we could discuss a wide range of cooperation issues, including economic ones. Of course, I accepted the invitation.

ISR Weekly

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