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Economic aspects of the military and technological cooperation between Russia and Turkey as they are today

Vol. 16, Iss. 3, MARCH 2020

Received: 12 December 2019

Received in revised form: 30 December 2019

Accepted: 20 January 2020

Available online: 16 March 2020

Subject Heading: INTERNATIONAL ECONOMIC RELATIONS

JEL Classification: F02, F52

Pages: 566–581

https://doi.org/10.24891/ni.16.3.566

Shangaraev R.N. Diplomatic Academy of Ministry of Foreign Affairs of Russian Federation, Moscow, Russian Federation
shang143@mail.ru

https://orcid.org/0000-0001-6557-4388

Subject The article discusses the active cooperation of Russia and Turkey on some strategic matters, including the military-technological cooperation.
Objectives The article represents my own comprehensive research into the economic potential of the military-technological cooperation between Russia and Turkey as they are today. I evaluate the future, risks and threats as the USA puts more pressure and foreign customers pursue to localize the production of military products inside, getting more involved into the joint research and designing process.
Methods I applied methods of logic, statistical analysis.
Results We see the dramatic reconfiguration and revitalization of the armament markets, intensification of integration processes in the world economy and never-ending prolongation of sanctions against Russia and its strategic partners. Turkey signed the C-400 supply contracts and continues its military-technological cooperation with Russia, notwithstanding the pressure of the U.S. administration, which is evidence of the high demand in Turkey for the Russian military technologies.
Conclusions and Relevance Sanctions were imposed on many Russian defense enterprises. The USA continuously put on pressure countries that cooperate with Russia on military and technological matters. There should be a more close cooperation with partners, including search for proper options for settlement of accounts in national currencies. Russia and Turkey are implementing some major projects, including in the defense sector, which will continue to be meaningful for bilateral trade and economic relations.

Keywords: military-technological cooperation, economic security, strategic partnership

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