Russia says plans full visa-free travel with Turkey in long-term

Medvedev said that they targeted to apply a whole visa-free regulation with Turkey in long-term.

Russia says plans full visa-free travel with Turkey in long-term

Russian President Dmitry Medvedev said on Wednesday that they targeted to apply a whole visa-free regulation with Turkey in long-term.

Earlier in the day, Turkish and Russian officials signed an agreement putting an end to visa procedures between the two countries. The agreement was signed between Turkish and Russian governments in capital Ankara, removing visa requirements for Turkish and Russian citizens to travel to each other's countries.

Speaking at Turkey-Russia Business Forum in Ankara, Medvedev said that there was a high-level economic cooperation between Turkey and Russia.

Medvedev said that Turkey and Russia signed many agreements today, and the amount of investments was expected to exceed 25 million USD thanks to these agreements.

We can reach the figures of pre-economic crisis period, he added.

We target to reach 100 billion USD of trade volume between Turkey and Russia within the next few years, said Medvedev.

He noted that it was important to make investments in textile, food industries, chemical industry and agriculture too.

Medvedev said that visa requirement for tourists and businessmen was ended between Turkey and Russia today, adding that this was just a beginning. Medvedev said that they targeted to apply a whole visa-free regulation in long-term.

Noting that construction sector was on very good level in Russia, Medvedev said that many Turkish companies were operating in Russia in this sector. He added that the business volume of Turkish construction companies in Russia was nearly 30 billion USD.

Medvedev said that the investments were mutual, adding that the amount of Russian businessmen's investments in Turkey reached billions of USD, and they were on technology and metal industry areas.

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Last Mod: 13 Mayıs 2010, 11:30
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