OREANDA-NEWS Problems with financial transactions between Russian companies and Turkish exporters have resurfaced since the beginning of 2024, partly due to sanctions pressure from Western countries. This was reported by RIA Novosti with reference to a source in one of the Turkish state banks.

Prior to that, a similar problem was reported by the local newspaper Ekonomim. According to him, since January 1, money transfers have almost stopped, so exporters are waiting for urgent decisions to continue trade with Russia.

The interlocutor of the Russian agency pointed out that problems arose at the beginning of last year and in the summer months, but the issues were resolved. According to him, the mechanism of interaction cannot be stopped just like that, it will be possible to find some way out.

First of all, difficulties arise due to checks on Russia's assistance in circumventing Western sanctions. Turkey has a special position on restrictive measures, however, as previously stated by the chief adviser to the Turkish president, Ambassador Akif Chagatai Kilic, the republic is not a bypass road.

Earlier it was reported that China's state-owned banks began reviewing the policy of working with clients from Russia from the new year and are tightening restrictions after new requirements from the United States. In particular, they refuse to provide any services to the Russian military industry, not only in dollars, but also in any other currency.