The politician underscored that after Russia imposed a ban on food imports from Turkey the Turkish trade ministry has seen a decline in customs payments from exports in December.
"Russia and Turkey are doing everything possible to minimize the negative effect of the sanctions on both countries. The tensions are gradually easing, and we expect them to end in February or March 2016," he told Haberturk.
According to Tufenkci, the restrictive measures imposed by Moscow would have little impact on the banking system, particularly on credit card holders.
After a Russian Su-24 bomber was downed by a Turkish jet over Syria, Russia responded with a set of measures, including a food imports embargo as well as restrictions in tourism, investments, charter flights and a number of construction projects.
