Russia has imposed economic sanctions

Russia has imposed economic sanctions against Turkey, a NATO member over the issue of downing of a Russian Sukhoi 24 warplane on the Syrian border. In this regard, Russian President Vladimir Putin has signed a decree adopting a series of retaliatory economic measures against Turkey with an effect from 1st January 2016. Russian economic sanctions covers Ban on imports from Turkey, work of Turkish companies in Russia and any Turkish nationals working for Russian companies. End to charter flights between the countries and urges Russian tour operators to refrain from selling tourist packages to Turkey. Background NATO member Turkey on 24th November 2015 had shot down Russian Sukhoi 24  (Su-24) warplane escalating crisis in bilateral relations of both countries. Turkey has claimed that the Russian jet was shot down after it had crossed into its airspace and ignored several warnings to change course. However, Russia has furiously denied the claims and demanded an apology and economic compensation from Turkey.