AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.00 Decreased By ▼ -0.53 (-0.41%)
BOP 6.76 Increased By ▲ 0.08 (1.2%)
CNERGY 4.50 Decreased By ▼ -0.13 (-2.81%)
DCL 8.70 Decreased By ▼ -0.24 (-2.68%)
DFML 41.00 Decreased By ▼ -0.69 (-1.66%)
DGKC 81.30 Decreased By ▼ -2.47 (-2.95%)
FCCL 32.68 Decreased By ▼ -0.09 (-0.27%)
FFBL 74.25 Decreased By ▼ -1.22 (-1.62%)
FFL 11.75 Increased By ▲ 0.28 (2.44%)
HUBC 110.03 Decreased By ▼ -0.52 (-0.47%)
HUMNL 13.80 Decreased By ▼ -0.76 (-5.22%)
KEL 5.29 Decreased By ▼ -0.10 (-1.86%)
KOSM 7.63 Decreased By ▼ -0.77 (-9.17%)
MLCF 38.35 Decreased By ▼ -1.44 (-3.62%)
NBP 63.70 Increased By ▲ 3.41 (5.66%)
OGDC 194.88 Decreased By ▼ -4.78 (-2.39%)
PAEL 25.75 Decreased By ▼ -0.90 (-3.38%)
PIBTL 7.37 Decreased By ▼ -0.29 (-3.79%)
PPL 155.74 Decreased By ▼ -2.18 (-1.38%)
PRL 25.70 Decreased By ▼ -1.03 (-3.85%)
PTC 17.56 Decreased By ▼ -0.90 (-4.88%)
SEARL 78.71 Decreased By ▼ -3.73 (-4.52%)
TELE 7.88 Decreased By ▼ -0.43 (-5.17%)
TOMCL 33.61 Decreased By ▼ -0.90 (-2.61%)
TPLP 8.41 Decreased By ▼ -0.65 (-7.17%)
TREET 16.26 Decreased By ▼ -1.21 (-6.93%)
TRG 58.60 Decreased By ▼ -2.72 (-4.44%)
UNITY 27.51 Increased By ▲ 0.08 (0.29%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,450 Increased By 43.4 (0.42%)
BR30 31,209 Decreased By -504.2 (-1.59%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

MOSCOW: President Vladimir Putin on Wednesday hailed Moscow and Ankara's ability to find "compromises" as he hosted Turkish leader Recep Tayyip Erdogan for talks.

Russia and Turkey have historically had complex relations, balancing regional rivalries with finding common ground on economic and strategic interests.

In recent years, the two powers have clashed in particular in Syria, where Moscow and Ankara support opposing camps in the civil war.

They also found themselves on different sides in last year's conflict between Armenia and Azerbaijan in the breakaway region of Nagorno-Karabakh.

"Negotiations are sometimes difficult -- but with a final positive result," Putin said at his residence in the Black Sea resort city of Sochi.

He added that the two countries "have learned to find compromises favourable to both parties."

Erdogan, who regularly meets with his Russian counterpart, said he believes there are great benefits in "Turkey and Russia keeping stronger relations each passing day."

Putin, Erdogan launch new phase of Turkish nuclear power plant

In Syria, the two countries last year sponsored a ceasefire deal in the northwestern Idlib region, home to the last major jihadist and rebel stronghold in northwest Syria.

"The steps we have taken with Russia related to Syria are of utmost importance," Erdogan told Putin.

"The peace there depends on Turkey-Russia relations."

Despite their clashes, the two countries have grown closer in recent years thanks to tensions between Moscow and the West and Ankara's increasingly delicate relations with its NATO allies.

In 2019, Turkey agreed a multi-billion-dollar purchase of the Russian-made S-400 air defence system that led to US sanctions last year.

Ankara and Moscow also have important common economic interests, particularly in tourism and food exports.

Putin said that total Turkish investments in Russia had reached $1.5 billion, while Russian investments in Turkey had grown to $6.5 billion.

He also pointed to last year's inauguration of the Turkish Stream pipeline, which transports Russian gas via Turkey across the Black Sea to Europe.

Comments

Comments are closed.