TOBB/DEİK President M. Rifat Hisarcıklıoğlu stated at Turkish-Russian Business Forum that the Turkish private sector wants to have stronger economic relations with Russia which reflects the economic potential of the two states. Mr. Hisarcıklıoğlu mentioned that it is aimed to reach 100 billion dollars trade volume in 2015, and that trading and the banking infrastructure have to be prepared to meet this trade volume target. ​

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Union of Chambers and Commodity Exchanges of Turkey

Infrastructure Should Be Build for Transportation and Banking to Reach 100 Billion Dollars Trade Volume Target with Russia


16.03.2011 / Moscow Russia



TOBB/DEİK President M. Rifat Hisarcıklıoğlu stated at Turkish-Russian Business Forum that the Turkish private sector wants to have stronger economic relations with Russia which reflects the economic potential of the two states. Mr. Hisarcıklıoğlu mentioned that it is aimed to reach 100 billion dollars trade volume in 2015, and that trading and the banking infrastructure have to be prepared to meet this trade volume target. ​

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TOBB/DEİK President  M. Rifat Hisarcıklıoğlu said in his speech in Moscow that they are willing Turkish construction firms to take more active roles in the 2014 Soçi Winter Olympics and 2018 World Cup in Russia.


Mr. Hisarcıklıoğlu emphasized the importance of lifting visa requirements before the tourism season. TOBB/DEİK President  M. Rifat Hisarcıklıoğlu underlined the problems experienced at the customs and stated the customs requirements must be eased to abolish the unbalanced trade between the two countries.

- TOBB/DEİK President  M. Rifat Hisarcıklıoğlu and Russian

Federation Chamber of Commerce and Industry President  Katırin Had a Bilateral Discussion
Before the Turkish-Russian Business Forum TOBB/DEİK President M. Rifat Hisarcıklıoğlu and Russian Federation Chamber of Commerce and Industry President Sergey Katırin agreed on deepening the cooperation between the two institutions. Mr. Hisarcıklıoğlu suggested TOBB and Russian Federation Chamber of Commerce and Industry and the countries of Commonwealth of Independent States, North Africa and Middle East to have meetings together to reach this goal.


-Prime Minister Recep Tayyip ErdoÄŸan

Prime Minister Recep Tayyip Erdoğan stated Turkish- Russian relations has a very long history and our relations in economic, political, military and cultural fields are increasing to have stronger connections in the future.  Prime Minister Erdoğan mentioned that the Russian-Turkish bilateral trade decreased in 2009 due to global economic crisis but increased to 26 billion dollars in 2010. Prime Minister Recep Tayyip Erdoğan said they expect support from the Russian government to increase Russian investments to Turkey.


-The Case of Nuclear Energy

Prime Minister Recep Tayyip Erdoğan stated Mersin Akkuyu Nuclear Plant, the bilateral investment of Turkey and Russia will begin soon. 
-Minister of State Zafer Çağlayan
Minister of State Zafer Çağlayan said in his speech that the trade volume between Russia and Turkey is 26,5 billion dollars and such powerful states must have higher volume of trade among themselves.


- Rusian Federation Vice Prime Minister İgor Seçin

Rusian Federation Vice Prime Minister İgor Seçin underlined the importance of the business forum to increase the economic and trade cooperation between the two states.  Mr. Seçin said the targeted 100 billion dollars trade volu
me will be reached in 2015.

-TİM President Mehmet Büyükekşi


TİM President Mehmet Büyükekşi stated as Turkish businessmen they see themselves highly responsible to increase cooperation in trade and use the political support efficiently.

-TUSKON President Rızanur Meral

Turkish Confederation of Businessmen and Industrialists (TUSKON) President Rızanur Meral mentioned the investment opportunities in Russia improved but stayed limited with Moscow.
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