Investment cooperation between Russia and Turkey under current economic conditions: New formats

Abstract

Subject. This article explores the advantages of the Russian-Turkish strategic partnership based on mutual interest in building up economic and geopolitical potentials. Objectives. The article aims to describe the stages of implementation of investment cooperation between Russia and Turkey in various sectors of the economy and predict the prospects for investment cooperation between these countries. Methods. For the study, based on the review of materials of foreign and Russian experts in the field of international economics, finance, investment deposits, and reporting documents of statistical institutions, I used the historical method, observation, and generalization. Results. The article structures the factors affecting the changes in the bilateral investment cooperation between Russia and Turkey, and identifies investment risks that impede efficient cooperation in the long term. Conclusions. It is necessary to enhance efforts in the field of bilateral partnership, as well as diversification of the Russian economy key sectors.