Turkey’s Erdogan to convene meeting on Russian Mir payments, possible sanctions

Turkey’s Erdogan to convene meeting on Russian Mir payments, possible sanctions

Turkey’s President Tayyip Erdogan’s meeting with officials will also address agreements with Russia, recent volatility on the Istanbul stock exchange and the general economic situation, the sources said. — Reuters pic

Thursday, 22 Sep 2022 5:46 PM MYT

ANKARA, Sept 22 — Turkish President Tayyip Erdogan will convene a high level economy-focused meeting on Friday at which Russian payment system Mir and possible Western sanctions will be discussed, two sources with information on the matter told Reuters.

Erdogan’s meeting with officials will also address agreements with Russia, recent volatility on the Istanbul stock exchange and the general economic situation, the sources said.

Two Turkish banks suspended use of Mir this week after Washington expanded its sanctions on Russia over its invasion of Ukraine. — Reuters