Russia is intimidating tit-for-tat
consents that could cost both and Turkey hundreds of millions, if not billions,
of dollars in trade and joint projects.
On Thursday, Russia declared it would be imposing economic
“response measures” against Turkey. Prime Minister Dmitry Medvedev said his government was developing consents
that would hit Turkish interests across Russia’s economy, which could include a
trade restriction, limiting investments, shutting down tourism and
transportation links, as well as suspending major joint construction projects.
The government has given itself
two days to finalize the measures but it left an ax hanging over Turkish participation
in paths of the Russian economy.
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