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Diplomatic Cable | Russia

Jay

Dokkaebi
GA Member
Oct 3, 2018
3,563
the-national-flag-of-turkey.jpg

Maliye Bakanlığı
Ministry of Finance​
250px-Republic_of_T%C3%BCrkiye_Ministry_of_Foreign_Affairs_logo.svg.png
AUTHENTIC COMMUNIQUE OF THE OFFICE OF FINANCE
Security Clearance: Secure and Encrypted
ŞİFRELEME KORUMASI: KAPLUĞA
[Recipient]: His Excellency Anton Siluanov, Minister of Finance, Russian Federation < Zak >
[Sender]: Azmi Ekinci, Minister of Finance, Republic of Türkiye
[Subject]: Request for €15 Billion Economic Support Loan and Infrastructure Cooperation
Your Excellency,

The Republic of Türkiye deeply values its relationship with Russia and recognizes that Russia was among the first nations to recognize our pro-democracy movement after it successfully took power. We welcome Russia's interest in advancing our economic ties and I have been instructed to reach out to discuss the ways we can enhance our economic ties. In light of our current economic challenges, we respectfully request your consideration of a €10 billion loan to assist in stabilizing our financial system, safeguarding critical social programs, and restoring market confidence.

We recognize Russia's unparalleled expertise and its role as a pillar of European energy security and governance. To discuss the terms and structure of this proposed facility, we propose sending a high-level Turkish delegation to Moscow at your earliest convenience.

Moreover, Türkiye invites distinguished Russian enterprises to engage in our forthcoming infrastructure projects, spanning transportation, energy, and digital networks. We believe Russian participation will bring advanced technology and best practices, creating shared opportunities and long-term growth.

Two projects of interest worth at least 25 billion liras is the construction of a nuclear power plant and the turkstream pipeline. We hope to count Russia as a partner in these endeavors.

Türkiye stands ready to collaborate closely to define a mutually beneficial framework. Your favorable consideration will reinforce our bilateral partnership and contribute to regional economic resilience.

Respectfully,
Azmi Ekinci
Minister of Finance
Republic of Türkiye
 
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Zak

Kingdom of Spain
GA Member
Jul 1, 2018
2,391


RUSSIAN FEDERATION
Dear Minister Azmi Ekinci,

The Government of the Russian Federation extends its warm regards to the Republic of Türkiye and conveys our deep appreciation for your message highlighting the importance of our working partnership. Russia continues to value the Republic of Türkiye as a vital regional partner and commends your government’s efforts to promote stability, growth, and prosperity.

We take note of your proposal regarding financial cooperation and your request for a loan facility. After careful consideration, we regret to inform you that the Russian Federation will not be in a position to offer a $15 billion loan at this time. Nonetheless, in recognition of the strong friendship and cooperation between our nations, Russia is pleased to offer a goodwill grant of $5 billion, to be disbursed in two equal payments, with no repayment obligation. This gesture reflects our commitment to Türkiye’s economic resilience and our shared goal of fostering regional stability and prosperity.

We also welcome Türkiye’s invitation for Russian enterprises to participate in key infrastructure projects, including those in the energy, transport, and digital sectors. Russian companies possess world-class expertise and are eager to explore opportunities, particularly in areas such as nuclear energy development, which stand as symbols of our strategic partnership.

To advance these discussions, we would be delighted to receive a high-level Turkish delegation in Moscow at a mutually convenient date. Our respective teams can then outline the modalities of the grant and identify avenues for expanded trade, investment, and technological cooperation

Kind Regards,
Anton Siluanov
Minister of Finance
Russian Federation
This email and any accompanying documents are intended exclusively for the designated recipient(s) and may contain information that is confidential, proprietary, or legally privileged. If you are not the intended recipient, please inform the sender immediately and permanently delete this message from your system. Any unauthorized access, reproduction, distribution, or use of this communication is strictly prohibited.

Please be advised that all correspondence originating from the Russian Federation is transmitted using state-sanctioned encryption protocols. While every effort has been made to ensure this message and its attachments are free from harmful content, the sender cannot accept liability for any potential damage or data loss resulting from their use.


Jay
 

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