The Russian-Turkish Bond to Harm the West
by Burak Bekdil • November 18, 2022 at 5:00 am
Turkey's skies remain open to Russian airlines and its doors remain open to hundreds of thousands of Russians and their money. Turkey's exports to Russia are surging.
Russian cash helped to plug the growing hole in Turkey's foreign currency reserves — and at a time when Erdogan needs foreign money to shore up the country's ailing economy before the presidential and parliamentary elections in June 2023.
Some analysts see this as a scheme to open up room for parking Russian funds in Turkey.
The Erdogan-Putin bond has two main pillars. One is pragmatism: They both strategically, politically and economically benefit. The other is ideological: They both hate Western civilization.
If they had met as presidents of other countries, Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin would probably have hated each other. Historically, Turkish Islamists have hated both Tsarist and Soviet Russia. Similarly, Russians have never been fond of the Turks. Today, however, Erdogan, with a foot in NATO, is exhibiting a pro-Russian tilt never seen before. What is the secret of this ostensible marriage?
Turkey has refused to join Western sanctions against Russia over Ukraine, thereby throwing Putin a lifeline. Turkey's skies remain open to Russian airlines and its doors remain open to hundreds of thousands of Russians and their money. Turkey's exports to Russia are surging. In July alone, exports to Russia shot up by a dizzying 75% year-on-year.