The United States has expressed its concerns to Turkiye over its ongoing business ties and trade with Russia, warning it of similar sanctions on Turkish businesses, if cooperation continues. In a statement by the Turkish Industry and Business Association (TUSIAD) yesterday, it confirmed that the US Treasury and its Deputy Secretary, Wally Adeyemo, had sent a letter to the Turkish Association and the American Chamber of Commerce in Turkiye stating that companies and banks in the country are at risk of being sanctioned by Washington. "Any individuals or entities providing material support to US-designated persons are themselves at risk of US sanctions," the letter stated, according to the Wall Street Journal. "Turkish banks cannot expect to establish corresponding relationships with […] Source
US warns Turkiye of sanctions if business with Russia continues
August 25th, 2022 Awake Goy
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