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Russia. The EU and the US criticize the growing ties with Turkey, where in 2022 the Russians opened 670 percent. companies more

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The European Union and the United States are critical of Russia’s growing ties with Turkey, where Russians opened 670 percent more businesses in 2022 than a year earlier, Bloomberg reported on Tuesday.

Citizens Russia opened in 2022 in Turkey over 1,300 companies – 670 percent. more than in 2021. “This increase proves the growing interest of Russians to invest their capital in Turkey after Moscow launched an invasion against Ukraine” – noted Bloomberg. In second place were companies with Iranian capital.

The EU is critical of the growing ties between the two countries USAwho emphasize that these relations allow Moscow to evade international sanctions imposed on it as a result of the aggression.

According to the Bloomberg news agency, Russians accounted for as much as 25 percent. property purchases by foreigners in Turkey in 2022.

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Turkey did not impose sanctions

Turkish president Recep Tayyip Erdogan refused to join the sanctions, opening the country to Russian investors, including oligarchs seeking to hide their assets from potential takeovers under international restrictions, the agency noted.

Turkey, which is a member of NATO, tried to maintain a balance between good relations with Moscow and Kiev in the first months of the war. She opposes sanctions against Russia but has assured that they will not care and that any goods she sends cannot be used by the Russian military.

However, pressure from Western countries led Ankara to withdraw from the Russian Mir payment system and stop exporting sanctioned goods to Russia.

Ankara gave the European Commission a verbal assurance that from March 1, goods will not be transported further to Russia if they are subject to EU, US or UK sanctions, the Reuters news agency reported on Monday. The Turkish Ministry of Commerce declined to comment on the matter.

Main photo source: Shutterstock

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