Russia and Turkey have agreed to speed up work on joint investment Fund

Russia and Turkey during the talks in St. Petersburg agreed to accelerate work on creation of joint investment Fund to Finance joint projects. As reported by “RIA Novosti” with reference to Minister of economic development of Russia Alexei Ulyukayev, Moscow in this investment Fund will represent the Russian direct investment Fund.

On the resumption of negotiations with Turkey on the establishment of the investment Fund Ulyukayev said in late July. “This is something we started over a year ago and then for obvious reasons left,” said the Minister on 25 July.