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Turkey dismisses ‘meaningless’ concerns over US sanctions warning

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ISTANBUL, Aug 27(ABC): Turkey’s Finance Minister on Friday dismissed “meaningless” concerns among Turkish businesses over a US Treasury warning that they risked being penalised if they maintained commercial ties with Russians under sanctions.

NATO-member Turkey has sought to strike a balance between Moscow and Kyiv by criticising Russia’s invasion and sending arms to Ukraine while opposing the Western sanctions and continuing trade, tourism and investment with Russia.

Minister Nureddin Nebati said Turkey was determined to improve economic and trade relations with its neighbours “within a framework that is not subject to sanctions”.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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