Economic sanctions on Turkey affecting Russian prices

MOSCOW

Economic sanctions imposed on Turkey have caused an increase in prices in Russian shops, Prime Minister Dmitry Medvedev said Wednesday.

Revealing that the government was trying to come up with a compensation formula, Medvedev told Russian TV that tourism ties to Turkey and Egypt could be rebuilt.

Following Turkey’s shooting down of a Russian military jet over the Turkey-Syria border last month, Russia imposed a range of unilateral sanctions on Turkey, including a ban on food imports, an end to visa-free travel and calls for tourists not to visit Turkey.

“The resolutions against Turkey are not sanctions but defense reactions of the state,” Medvedev said.

The Nov. 24 downing of a Russian SU-24 bomber came after the crew ignored repeated warnings from the Turkish military and violated Turkey’s airspace. Russia denies the claims.