Azerbaijan news

Erdoğan Mir will hold a meeting on the payment system

Two private banks of Turkey – Denizbank and Isbank After Washington expanded its sanctions against Russia, it abandoned Russia’s Mir payment system

Turkey President Recep Tayyip Erdoğan On September 23, Russia will hold a high-level meeting to discuss the Mir payment system and possible sanctions related to it.

Reuters writes that it received information about this from two sources familiar with the matter.

Government officials will participate in this meeting Russia the agreements signed with, the recent turmoil in the Istanbul Stock Exchange and the general economic situation will be discussed.

Two private banks of Turkey – Denizbank and Isbank After Washington expanded its sanctions against Russia, it abandoned Russia’s Mir payment system.

NATO of the member Russia ties with

NATO member Ankara has not joined the Western sanctions against Russia and tries to maintain good relations with both Moscow and Kiev.

Despite this Turkey He condemned Russia’s intervention in Ukraine and gave Kiev combat and reconnaissance drones as a diplomatic balance.

However, Western countries Turkey and Russia from growing economic ties between and, as diplomats say, with Putin Erdoğan they are worried about close relationships between them.

Before that, on September 22, Russia National The head of the Card Payment System said that despite the refusal of two banks from the Mir system, Mir payment cards still work in Turkey.

The Central Bank of Russia announced last week that it will increase the number of countries accepting Mir cards.

Turmoil in the stock market

USA sanctions target not only Russia, but also countries and companies that help Russia evade these sanctions.

USA The Ministry of Finance sent a letter to Turkey’s big businesses, urging them to avoid risky commercial relations with Russia.

Earlier this week USA one of the high-ranking officials of the administration said that he expects more Turkish banks to stop cooperating with the Mir system.

That official Jobbank and emphasized Denizbank’s “smart step”.

In addition, the bank shares, which have been increasing in value since July, fell sharply again on the Istanbul Stock Exchange.

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