Russian-Turkish trade volume in 2023 tops $60 billion

Trade turnover between Russia and Türkiye has grown to $60 billion over the year, Chairman of the Russian Federation Council Valentina Matvienko said, according to Interfax.

"We are satisfied with the high level of our co-operation. Our mutual trade turnover has grown significantly and reached an indicator of more than $60 billion," she said at a meeting with the President of the Grand National Assembly of Türkiye Numan Kurtulmuş in New Delhi, where the G20 parliamentary summit is taking place.

She noted that "the main and very tangible area of cooperation is in the energy sector." Thus, the largest project is being implemented in Türkiye - the construction of four power units of the Akkuyu NPP.

She also said that a project for the construction of a gas hub is being discussed.

In turn, Kurtulmuş also said that Türkiye is interested in strengthening cooperation with Russia, especially in the field of energy and natural gas. "Türkiye wants to become a gas hub and it is an important country for the transit of Russian gas to the world market," he said.