ANKARA (TASS): Russia and Turkey have agreed not to make any statements regarding the joint production of components of the S-400 anti-aircraft missile systems (SAM). This was announced on Wednesday by the President of the Republic, Recep Tayyip Erdogan, at a press conference in Ankara following talks with Spanish Prime Minister Pedro Sanchez.
“As for the joint production of S-400 parts, both sides – Turkey and Russia – have agreed not to disclose any details,” he stressed.
Erdogan also noted that this topic is “sensitive” for the Russian Federation and Turkey.
Turkey expects to increase military cooperation with Spain, including on the issue of unmanned aerial vehicles (UAVs).
“We agreed to build a large-scale aircraft carrier with Spain. However, perhaps we can reach agreements on cooperation on the construction of submarines. We considered these possibilities. We also talked about [cooperation] on UAVs, including [Bayraktar strike drone] Akinji. – said the Turkish leader.
Meanwhile, Erdogan also said that Ankara and Madrid have already built an aircraft carrier, which “is now being launched.” “However, the first aircraft carrier is not large, after that we will make a larger aircraft carrier,” he added.
Also, Turkey’s president said Wednesday he would end the scourge of interest from the nation.
“Those who defend interest among our friends should not take offense. I cannot and will not be with the one who defends interest,” Recep Tayyip Erdogan told his Justice and Development (AK) Party’s parliamentary group meeting.
“As long as I am in this position, I will continue my fight against interest and inflation until the end,” Erdogan said.
“On this issue, the commandment (of Allah) is clear. We will look at the issue from this point of view and will take our steps accordingly,” he said.
“Interest is the cause, and inflation is the effect,” he added, reiterating a frequent motto.
The president has championed interest rate cuts as a way to spur domestic economic growth.
Last month, Turkey’s Central Bank lowered its one-week repo rate – also known as the policy rate – by 200 basis points from 18% to 16%.
Erdogan said a bright future awaits Turkey “if we can leave 2022 and 2023 behind without causing any break.”
“Developed countries are on the verge of the greatest economic depression since World War II. It is obvious that this will be followed by social and political crises,” he added.
Turkey registered an annual increase of 19.89% in consumer prices in October, the Turkish Statistical Institute (TurkStat) announced on Nov. 3.
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