Turkey-Russia relations have come once again under the spotlight with President Recep Tayyip Erdoğan’s visit to Sochi, where he met President Vladimir Putin on 4 September.
On the bilateral side of relations, according to Erdoğan, trade volume in 2022 stood at around $69bn — an increase from around $34bn last year when the number of Russian tourists who visited Turkey was 5.2 million. The number of tourists for the first seven months of this year stands at 3.5 million.
Using domestic currencies instead of the dollar and euro in trade, 20 billion cubic meters of natural gas currently flow through the Turkish Stream and Blue Stream pipelines. There is a possibility that Russia will build a second nuclear plant — an issue that is at the forefront of bilateral relations between the two countries.
While the two countries share a number of foreign policy priorities, they don’t necessarily see eye to eye on them. However, apart from Ukraine, they work to find common ground whenever possible.
In a joint press conference after the summit, Erdoğan told journalists that he and the Russian president had discussed several regional and global developments, including those pertaining to Ukraine, Syria, the South Caucasus, Libya and Africa.
Ukraine and the Black Sea Grain Initiative
Turkey has clearly been supportive of the territorial integrity of Ukraine. It has not recognised the annexation of Crimea in 2014, and this time, it has closed the Turkish Straits to Russian ships and provided military support to Ukraine.
At the same time, it has not joined international sanctions and maintained friendly relations with Russia. It has emerged as one of the few countries that can somewhat seamlessly deal with both Ukraine and Russia.
Read more: A look at Turkey's geopolitics through the lens of the war in Ukraine
The grain deal that Turkey brokered together with the United Nations may have provided at least a degree of protection against criticisms for not joining sanctions and also claims that Russia is using Turkey to circumvent sanctions.
This is a serious issue which could put Turkey — already facing economic difficulties — in an ever more difficult position. A number of high-level US officials have visited Turkey to make this point.
Turkey seems to be trying to improve its strained relations with the United States and the EU. The UN-Turkey brokered grain deal helped boost Turkey’s standing with the West and Russia’s disengagement with the plan in July gives Turkey another opportunity to demonstrate its utility as a global power broker.
In fact, the global community was hoping that the summit’s main focus would be to revive the grain deal, that many nations around the world are party to.
Read more: World leaders race to get Black Sea grain deal back on track
However, those who were pinning hopes on the Sochi summit to produce concrete progress on the grain deal were left disappointed.