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Money transfers from Russia to Turkey have stopped – media

Photo: investgazeta.ua

After the visit of US Secretary of State Antony Blinken, exporters could not receive payments from Russia in Turkish lira and Russian rubles.

In January, the transfer of money from the Russian Federation to Turkey stopped, which led to serious disruptions in the export of Turkish products to Russia. This was reported by the Turkish publication Ekonomim.

After the visit of the United States Secretary of State Antony Blinken, exporters did not receive payments from Russia in Turkish lira and Russian rubles, some banks sent transfers, and some banks started reject the transactions they previously accepted, saying they are “prohibited goods. ,” the publication reports. citing its own sources.

It is known that exporters in the automotive sector have not yet received their remittances since the beginning of the year; Turkish shoemakers working for the Russian company, Turkey’s biggest buyer, also did not receive any payments from their Russian clients this month. The situation is similar in the chemical industry, textile manufacturers, ship owners and others.

“Recent money transfer problems are related to the expansion of the latest list of sanctions in the EU, in particular, even if an exporting company in Turkey sells goods that are not subject to sanctions, the buyer may be included in the sanctions list or have balance sheet transactions of Turkish banks or Russian banks in rubles,” the publication quoted an anonymous source in the Turkish Ministry of Trade.

It was previously reported that trade between China and Russia reached a record $240 billion last year.

Ukraine exported 15 million tons of cargo by sea
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Source: korrespondent

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