Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he'd welcome sanctioned Russian oligarchs into his country as both tourists and investors.
Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he'd welcome sanctioned Russian oligarchs into his country as both tourists and investors, as long as any business dealings were kept within the realms of international law.
Turkey has been in the spotlight this week with its coastal waters seeing the arrival of two multimillion-dollar superyachts,— quite literally circumnavigating Western sanctions. Solaris, a superyacht linked to sanctioned Russian oligarch Roman Abramovich, docks at a marina in Bodrum, in southwest Turkey March 21, 2022.With each one worth an estimated $600 million or more, Abramovich is seen stationing $1.2 billion in the non-EU country as he seeks to move his assets out of reach of U.S., U.K. and EU governments targeting Russia's wealthy elite.
Speaking to CNBC's Hadley Gamble at the Doha Forum, Qatar, Turkish Foreign Minister Mevlut Cavusoglu said that any activity had to be legal. "We implement U.N.-approved sanctions, so if any Russian citizens want to visit Turkey, of course, they can visit Turkey. Now Russians are coming to visit Turkey, that's no problem," he said.
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