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| Kiril Dmitriyev |
Turkey and Russia formed the Joint Investments Fund with a volume of 900 million euros.
The Turkish-Russian joint fund in the first phase will invest 200m euros.The parties focused on the development of joint projects in both countries in the primary sectors such as technology, health and infrastructure.
Russia's Direct Investment Fund Chairman Kiril Dmitriyev announced the formation of a joint venture between Turkey and Russia with a volume of 900m euros.
In his statement in the interest of journalists Dmitriyev said that "We worked for a long time on this fund, in this framework were held numerous meetings at the end of which we formed the word fund. The total volume of the fund is 900 million euros. "
He added that this fund is very important for accelerating investments in the two countries.
Meanwhile, according to the press release made by the Sovereign Wealth Fund of Turkey, the decision was signed Monday during the visit of th President Recep Tayyip Erdoğan (Recep Tayyip Erdoğan) held in Russia, as Turkish state media writes.