Turkish President Tayyip Erdogan said the first delivery of the Russian S-400 mi...
ANKARA - Turkish President Tayyip Erdogan said the first delivery of the Russian S-400 missile defense system would take place within 10 days, Turkish media reported on Sunday, a day after he said there would be no U.S. sanctions over the deal.
“Within 10 days, maybe within one week, the first shipment will have arrived. I told Trump this openly,” Erdogan was cited as saying by Hurriyet newspaper after a meeting with U.S. President Donald Trump. After Erdogan’s comments, the Turkish lira strengthened 1.5% early on Monday to below 5.7 against the dollar. The dispute over the S-400s has long been a source of concern for investors.
After the Trump-Erdogan talks, the White House said Trump “expressed concern” over the S-400 deal and “encouraged Turkey to work with the United States on defense cooperation in a way that strengthens the NATO alliance.” “At this advanced level, Trump said: ‘This is injustice’. This is very important. I believe that we will overcome this process without any problems,” Erdogan added.
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