Turkey Offers ‘A Warehouse and Bridge’ for Metals Trade to Russia

Turkey Offers ‘A Warehouse and Bridge’ for Metals Trade to Russia
A worker checks copper cables being produced at a factory in the central Anatolian city of Kayseri on Feb. 12, 2015. Umit Bektas/Reuters
Reuters
Updated:

ISTANBUL—Western sanctions have given the Turkish metals sector a chance to serve as “warehouse and bridge,” the head of an industry group said, citing increased interest from Russian companies and also from EU companies seeking to sell to Russia via Turkey.

The West, including Britain and European Union countries, have imposed sanctions on Russian elites, banks and strategic industries since Russia on Feb. 24 began what it terms a “special military operation” in Ukraine.