Economics

Erdogan Rekindles Russian Ties as Putin Eyes Turkey Investment

  • President seeks foreign support after failed coup attempt
  • Trip comes as Turkey demands U.S. extradite accused cleric

Erdogan Meets Putin to Repair Relations

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Turkish President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin agreed to deepen economic cooperation as they seek to restore ties that soured after a deadly encounter between their air forces last year.

In their first meeting since Turkey shot down a Russian warplane near its border with Syria, the two leaders discussed joint initiatives, including a long contemplated pipeline that would carry Russian gas to Turkey and possibly to Europe. They also considered a shared investment fund to finance projects in third countries.