Russia-Turkey Investment Fund to Finance First Projects in 2017 - Official

© Sputnik / Ruslan Krivobok / Go to the photo bankView of the Blue Mosque across the Bosphorus, Istanbul
View of the Blue Mosque across the Bosphorus, Istanbul - Sputnik International
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The Russia-Turkey multibillion-dollar joint investment fund is likely to finance its first projects next year, the CEO of the Russian Direct Investment Fund said Thursday.

A meeting of Russian and Turkish military officials in Ankara on Thursday was an important step toward prevention of airspace accidents, Turkish Deputy Foreign Minister Ali Kemal Aydin said. - Sputnik International
Joint Russia-Turkey Investment Projects Worth Billions of US Dollars
VLADIVOSTOK (Sputnik) – Dmitriev said earlier this month that Russia would initially help Turkey set up a sovereign investment fund, then create mechanisms of joint investment in a wide range of projects, including infrastructure development, agriculture and medicine.

"There is an active recovery of investment and trade relations with Turkey. They have finalized all the documents to establish a sovereign fund, which will be our partner in the Russian-Turkish fund," Kirill Dmitriev told reporters.

"The first investments may be next year," Dmitriev forecast.

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