In a joint press conference held in Sochi, Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan emphasized the strength and success of their countries’ multifaceted cooperation. Both leaders expressed optimism for continued growth in bilateral relations.

“The cooperation between Russia and Türkiye, rooted in the principles of good neighborliness, partnership, and mutual benefit, is successfully progressing in all sectors,” said Putin.

The Russian President noted that the discussions between the two leaders were conducted in a “constructive and businesslike atmosphere.” The agenda included a broad array of international and regional issues, as well as opportunities for further strengthening the Russian-Turkish partnership.

One of the highlights from the conference was the significant growth in trade between Russia and Türkiye. Putin revealed that trade volume surged 86% to a record $62 billion at the end of 2022. Furthermore, the momentum continued into 2023 with another 4% increase in the first half of the year.

Erdogan echoed Putin’s sentiments, reaffirming Türkiye’s commitment to expanding ties with Russia. Both leaders left the meeting with a sense of optimism about the future of Russian-Turkish relations.

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