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Putin and Erdogan Denounce EU Asset Seizures as Russia Deepens Regional Outreach in Ashgabat

Leaders used the Ashgabat forum to issue a coordinated warning over EU moves to confiscate frozen Russian funds.

Overview

  • Russian and Turkish officials said there are no significant problems in bilateral ties, citing diversified cooperation and ongoing projects such as the Akkuyu nuclear plant.
  • Putin and Erdogan discussed European plans to confiscate frozen Russian assets, calling them a grandiose fraud and warning of risks to the Bretton Woods financial system.
  • The two presidents exchanged reciprocal invitations for visits, with the Kremlin noting a trip by Putin to Turkey will occur when possible.
  • Putin told Iran’s President Masoud Pezeshkian that Moscow supports Tehran at the United Nations and coordinates on the nuclear file, noting bilateral trade grew 13% in 2024 and 8% in the first three quarters of 2025.
  • In talks with Iraq’s President Abdul Latif Rashid, Putin reaffirmed support for Iraq’s territorial integrity and extended an official invitation for a visit to Russia while highlighting ongoing economic cooperation.