FT says Western governments are alarmed over Turkey’s deepening ties with Russia

(Reuters) – Western governments are more and more alarmed about deepening financial ties between Turkey and Russia, warning of the mounting threat that Turkey might be hit by punitive retaliation if it helps Russia keep away from sanctions, the Monetary Instances reported on Saturday.

On Friday, Russian President Vladimir Putin and Turkish President Tayyip Erdogan agreed to spice up cooperation within the transport, agriculture, finance and development industries.

Six Western officers advised FT that they have been involved in regards to the settlement.

(Reporting by Maria Ponnezhath in Bengaluru; Modifying by Frances Kerry)