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Erdogan agrees to pay for Russian gas in rubles

Erdogan agrees to pay for Russian gas in rublesRussian President Vladimir Putin and Turkish President Recep Tayyip Erdogan have agreed that Turkey will pay Russia in rubles for partial gas supplies.

The bilateral talks, held in Sochi, Russia, lasted over four hours.

"In the process of negotiations, the presidents agreed that they would start paying in rubles for partial gas supplies," Russian Deputy Prime Minister Alexander Novak told reporters after the meeting.

Putin and Erdogan also agreed to hold the next meeting of the Russian-Turkish High Level Cooperation Council in Turkey.