By Nick Stamatakis
A truly momentous meeting happened yesterday at the Russian Black Sea resort of Sochi between Russian President Putin and Turkish President Erdogan. In a few words, here are the major takeaways:
- The grain deal will not be reinstated until the West decides to keep its side of the deal: Allow exports of Russian fertilizers and reinstate the usage of SWIFT for agricultural payments.
- Turkey and Russia will increase their economic cooperation.
- Russia will build a second nuclear power plant in Turkey. This means total dependence for energy on Russia.
- The two presidents also discussed bilateral cooperation on various regional issues and conflicts: Libya, Syria, West Africa, and the South Caucasus. According to Putin, such a “meeting to compare notes on the above and other regional issues was quite productive.”
Based on the above, there is enough room for analysts to expect that Turkey will soon be invited to join the BRICS. Already rumors circulate that Turkey’s FM, Mr.Fidan, known to have very close ties with Tehran, will visit Iran to discuss easing out of the process.
BELOW IS THE ANALYSIS BY THE TWO GREEKS, ALEX CHRISTOFOROU AND ALEXANDER MERCURIS