04.12.2014 - Russian investment fund eyeing more joint ventures with Turkey
Defying rising pressure on Ankara from Western powers to join economic sanctions against Moscow, Turkey and Russia have taken yet another bold step toward deepening their joint investment cooperation. The move has prompted a top executive of the state-run $10 billion Russian Direct Investment Fund (RDIF) to express his admiration for Turkey’s "entrepreneurial spirit." “Right now, what is interesting is some investors don’t invest in Russia and wait. Other investors see there is actually an opportunity to invest when other people are not investing. So we have quite a bit of interest from China and the Middle East to invest, from Turkey and frankly, those countries are taking away some of the positions that other countries had,” Kirill Dmitriev, CEO of the sovereign wealth fun RDIF, said ..............................................Full Article: Source
Print