​Life after Eid al Ahda

TURKEY - In Brief 26 Jul 2021 by Atilla Yesilada
Even though GSP Turkey team is officially on holiday, I thought it is important to share significant political developments during the Eid al Ahda holiday with our readership.In addition, soaring Covid-19 cases and a devastating drought could lead to downside revisions in economic forecasts. Finally, Cosmo insisted that He articulate His market views a final time, before heading to Tibet “to get His head together”. Here it is: Foreign Policy:S-400s and Kabul Airport Mission Turkey’s foreign policy dilemmas suddenly increased by two more new topics, validating our concerns about political risks in the last quarter of the year and beyond. Speaking during the MAKS-2021 show near Moscow on 20-25 July, Rosoboronexport CEO Alexander Mikheyev revealed that the Russian defense export agency expects to finalize the contract for the delivery of a second battery of S-400 anti-missile systems 'in the coming months'. The reaction from US was swift.US Under Secretary of State for Political Affairs Victoria Nuland stated past Wednesday that “We continue to object to Turkey’s purchase and deployment of the Russian S-400 air defense system and have made clear that any new major arms purchases from Russia risk triggering additional CAATSA sanctions”. Her statement was made during a Senate Foreign Relations Committee Hearing, where members vented their frustration at President Erdogan. Usually, I would be very alarmed at such hostility and the move to take delivery of more S-400s, but so far there has been no confirmation (or denial) from Turkish Ministry of Foreign Affairs. I don’t doubt negotiations for a second battery had been in progress,but it is as likely that Russia is reminding ...

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