MOSCOW — Russia plans to retaliate against Turkey for the downing of a warplane by imposing sanctions, cutting economic ties, and scrapping major investment projects.
Since the plane was shot down on the Syria-Turkey border, Russia has already restricted tourism, left Turkish trucks stranded at the border and confiscated large quantities of Turkish food imports.
Russian Prime Minister Dmitry Medvedev ordered his government to also draft sanctions against Turkey within two days, in response to what he described as an “act of aggression against our country.”
The sanctions will include “restrictions and bans on Turkish economic structures operating in Russian territory, restrictions and …read more
Source: Malaya Business Insight
