Around 1,250 trucks carrying Turkish exports have been blocked from entering Russia and are stranded at border posts awaiting clearance, reported Reuters on November 30th.
Turkish trucks will soon be able to travel to Central Asia using Ro-Ro ships from Baku after Russia banned transit in the wake of the downing of one of its jets last month, the International Transporters Association (UND) said in a written statement on December 2nd.
Transit passage fees for Turkish trucks will be slashed by 40 percent on their route through Azerbaijan, Kazakhstan and Turkmenistan. The cost of Ro-Ro shipments via the Caspian Sea has also been cut by 20 percent.
Following the incident, in which two Turkish F-16 fighters attacked and shot down the Russian bomber, Russian government imposed sanctions on Turkey. Economic sanctions on Turkey include labor force restrictions and bans on some goods and services. Charter flights from Russia to Turkey are banned, tour firms are told not to sell any holidays there, and unspecified Turkish imports are outlawed, and Turkish firms and nationals have their economic activities halted or curbed.
Turkey mainly sells food, agricultural products and textiles to Moscow and is also one of the most popular holiday destinations for Russians. Around 50 percent of Turkey’s exports into Russia, which totaled $6 billion last year, go by land.
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