December 2016 Current Affairs

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Russia, Turkey agrees to restore ties after diplomatic rift

Russia, Turkey agrees to restore ties after diplomatic rift
10 August 2016 Current Affairs: Russia and Turkey has agreed to work toward restoring full relations on 9 August 2016. Russian President Vladimir Putin said rebuilding trade tied will be time consuming .

The agreement was reached at a meeting between the President Putin and Turkish President Tayyip Erdogan in Saint Petersburg.

Highlights of the meet : Both the leaders patched their relations and pledged to restore close economic relations.President Putin said Russian trade sanctions on Turkey would be phased out step by step.

President Erdogan said the two countries will restore their yearly bilateral trade target of 100 billion dollars and will speed up the resumption of charter flights from Russia to Turkey.Erdogan also said he is ready to build a natural gas pipeline with Russia and negotiate a deal to construct Turkey's first nuclear power plant.

The two agreed to meet later to seek common ground over how to resolve the crisis in Syria.

It was Erdogan's first visit to Putin's hometown of Saint Petersburg after the failed coup in Turkey in July 2016.

The diplomatic relations between the two nations went wrong in November 2015 when Turkey shot down a Russian bomber, the Su-24 jet, on the Syrian border. After this incident, Russia imposed trade sanctions and suspended Russian package tours to Turkey. The incident also put two energy projects, the TurkStream gas pipeline across the Black Sea and the Akkuyu nuclear plant being built by Russia's Rosatom in Turkey, on hold.

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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