The Russian President, Vladimir Putin and his Turkish counterpart, Recep Tayyip Erdoğan have finslly reached agreement that Turkey will start paying Russia in rubles for partial gas supplies due to a currency devaluation.
The bilateral talk between the two countries had been held in Sochi and lasted for over four hours on Friday.
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Russian Deputy Prime Minister Alexander Novak, who spoke with reporters after meeting, said “In the process of negotiations, the presidents agreed that they would start payment in rubles for partial gas supplies.”
He had also revealed that the talk was just in its first stage, adding that part of the supplies will be paid in Russian rubles.
The Deputy Prime Minister said the talks would provide new opportunities, including for the development of Russian and Turkish monetary and financial relations.
Novak also said the two presidents reached agreements on establishing the financial banking bloc “to enable commercial companies, Russian citizens, to pay during tourist trips and exchange money.”
The two leaders also agreed to hold the next meeting of the Russian-Turkish High-Level Cooperation Council in Turkey.
Russian Foreign Minister Sergei Lavrov has recently announced that the United States and her Governmemt have not yet offered any new talks on nuclear arms control.
“They have not even proposed to resume these talks,’’ Lavrov said on Wednesday during a visit to Myanmar, according to Russian state news agency TASS.
At issue is a replacement for the New START disarmament treaty, the only remaining major arms control agreement between the U.S. and Russia.
The treaty limits the nuclear arsenals of both countries to 800 delivery systems and 1,550 operational warheads each.