Finance Ministry presents three new investor facilitation packages to PM to boost investment climate    Egypt, Bahrain explore deeper cooperation on water resource management    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt expands medical, humanitarian support for Gaza patients    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    African trade ministers meet in Cairo to push forward with AfCFTA    Egypt's President, Pakistan's PM condemn Israeli attack on Qatar    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Madrid trade talks focus on TikTok as US and China seek agreement    Egypt wins Aga Khan Award for Architecture for Esna revival project    Egypt's gold prices hold steady on Sep. 15th    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Getting Tough on Turkey: Kremlin Vows to Punish Ankara for Downed Jet
Published in Albawaba on 25 - 11 - 2015

Turkish business and military projects worth tens of billions of dollars may be frozen due to Turkey's downing of a Russian Su-24 on Tuesday, the Russian newspaper Kommersant reported, referring to high-ranking government sources.
According to the sources, Moscow will slap "tough" measures against Ankara, in a move that will have a serious impact on Russian-Turkish relations in many fields.
In particular, the Russian energy giant Gazprom will decide on further implementing the 11.4 billion euro TurkStream gas pipeline project. According to Reuters, Russia is currently Turkey's principal supplier of natural gas; Ankara buys 28-30 billion cubic meters (bcm) of the 50 bcm it consumes annually from Russia.
In addition, the Russian State Atomic Energy Corporation Rosatom may freeze the 22-billion-dollar deal to construct Turkey's first nuclear power plant, the Akkuyu.
On Tuesday, the Russian Federal Tourism Agency Rosturism recommended that the country's tour operators suspend selling tickets to Turkey, citing an ever-increasing terrorist threat. Earlier that day, Russian Foreign Minister Sergei Lavrov advised the country's citizens against visiting Turkey.According to Reuters, "Russia is the source of the second-largest number of [the country's] tourist arrivals after Germany."
On November 24, the Russian Su-24 attack aircraft was fired upon in Syria, 2.5 miles away from the Turkish border, after it was hit with an air-to-air missile launched from a Turkish F-16 jet.
Russian President Vladimir Putin reacted to the Turkish downing of the Russian warplane by describing it as a "stab in the back."
He stressed that Russian pilots were in no way a threat to Turkey, something that Putin said was "an obvious fact."
He added that the Su-24 incident in Syria had crossed the line in the conventional war against terrorism.


Clic here to read the story from its source.