Turkey’s finance minister said Friday there was no reason for Turkish businesses to be concerned by a warning about possible US sanctions on companies dealing with already sanctioned Russian businesses. The Turkish Industry and Business Association confirmed this week that it received a letter from US Treasury Deputy Secretary Wally Adeyemo cautioning that Turkish companies risked consequences if they did business with Russians or Russian institutions that were under US sanctions. Since the start of the war in Ukraine six months ago, Turkey has tried to balance its close relations with both Russia and Ukraine, positioning itself as a mediator between the two. The Tur
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