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Trade and economic relations with Turkey will be discussed in the autumn, Russian President Vladimir Putin said at a joint press conference following the meeting with his Turkish counterpart Recep Tayyip Erdogan in St. Petersburg.

“A session of the intergovernmental commission on trade and economic relations with Turkey will take place in the autumn 2016,” Putin said. “We have to work hard to reanimate trade and economic relations. This process has already started, but it will take some time.”

Putin noted that the visit of a delegation of the Turkish government’s economic bloc to Moscow at the end of July, their negotiations with Russian colleagues, became an important step.

“We intend to pay particular attention to increasing investments, trade flows, implementation of promising projects,” Putin said. “It is very important that business circles support us in that.”

He added that Russia and Turkey intend to hold a meeting of a strategic planning group in the first half of 2017, and noted that the countries have all opportunities to restore and strengthen full-length relations.

“I would like to thank President of Turkey Recep Tayyip Erdogan for a sincere conversation, which took place today,” Putin said following the talks with Erdogan Aug. 9. “The talks have confirmed that our countries have every opportunity to restore normal, full-length relations that would contribute to strengthening of stability not only in our region but also around the world. Russia is ready for such work.”

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