Turkey, Russia agree on TL-ruble area in bilateral trade

Turkey and Russa agreed on Friday that to country will use Turkish Liras (TL) and ruble in bilateral trade instead of any foreign currency such as dollars.

Turkey, Russia agree on TL-ruble area in bilateral trade

World Bulletin / News Desk

Turkey and Russa agreed on Friday that to country will use Turkish Liras (TL) and ruble in bilateral trade instead of any foreign currency such as dollars.

After meeting Russian President Dmitriy Medvedev in Moscow, President Abdullah Gul gave important messages. Gul said, "We are opening a new page with Russia." Gul also said that two countries agreed to use Russian ruble and Turkish lira in their bilateral trade, Turkish media said.

Russian Prime Minister Vladimir Putin had proposed that "Region countries should trade with their own currencies."

Reminding Putin's offer Gul said that "We agreed to use TL-ruble in bilateral trade in our meeting. Russians are anxious about that. If it is actualized, it will contribute to Turkish businessmen for avoiding crisis.

Gul also added that Turkey had to ammend law for acceptation of Russian ruble as convertible currency if this aggrement is actualized.


Last Mod: 14 Şubat 2009, 17:51
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