Businesses from Russia reported larger problems with payments in Turkey

“Accounts for Russian companies in Turkey began to be closed back in 2022, then these were targeted moments related to individuals and companies that began to fall under sanctions. Today the situation has become more widespread, but I would not say that it is comprehensive, covering the entire market of Russian companies,” Arsen Ayupov, president of the Russian-Turkish Dialogue Association and partner of the NSP law office, told RBC. “These cases [блокировки платежей] not isolated, they are quite extensive. There is such a problem; a large number of people who trade with Turkey, with Turkish companies, where Turkish banks participate in settlements, have encountered it,” Alexey Egarmin, general director of the Russian-Turkish Business Council, told RBC.

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