The NYT reports that Russia was looking at ways to curb commercial ties and investment projects, possibly including the deal to build a gas pipeline through Turkey.
Source: Russian-Turkish Tensions Heat Up Over Downed Warplane – The New York Times
Turkey is vulnerable to trading sanctions from Russia.
Also Turkey should remember that western multi-national will be factoring in higher political risk in decisions about investment in Turkey.
It’s deeply worrying why Turkey is not apologizing to Russia and trying to defuse matters?
Thoughts?