NewsWorldU.S., EU step up pressure on Turkey over Russia sanctions - FT

U.S., EU step up pressure on Turkey over Russia sanctions – FT

The United States and European Union are stepping up pressure on Turkey to enforce Russian sanctions, the Financial Times reported on Thursday.

The United States is focusing on Turkish banks that have integrated into Russia’s Mir payments system, the paper reported citing two Western officials involved in the plans.

At the same time, Brussels prepares a delegation to express its concerns to Turkish officials directly.

Russian contactless payment system Mir Pay has seen its user numbers increase 20-fold this summer from a year earlier, the Vedomosti daily reported earlier this month.

Mir Pay, a mobile application developed by the Bank of Russia’s National Card Payment System (NSPK), is now one of the few contactless systems available to Russians.

(Reuters)

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