The two leaders agreed on a series of measures to boost economic and other ties. The Turkish president said that Ankara was ready to assign the status of strategic investment project to the Akkuyu NPP.
"The words regarding strategic investments, which were used during the meeting to describe the Akkuyu nuclear power plant project, complement the concept of strategic partnership between our countries. The given project is one of the largest investment projects to be implemented between Turkey and Russia. Keeping this in mind, the Turkish side's statement on its willingness to give the Akkuyu project strategic investment status comes very much naturally," Kocer said.
"The Turkish Stream is a another equally important project. Overall, projects related to transporting fuel into Europe via Turkey are very important and have a global significance. I therefore consider it highly important that the Russian and Turkish sides confirmed their intentions on Tuesday to implement the projects," Kocer added.
Russia and Turkey signed an agreement to construct and operate Turkey’s first nuclear power plant at the Akkuyu site in the southern Turkish province of Mersin in May 2010. The plant is expected to produce about 35 billion kilowatt-hours per year.
The Turkish Stream pipeline was projected to carry an annual volume of 63 billion cubic meters of gas prior to being canceled.