In an attempt to protect one of its most critical industries, tourism, the Turkish government is reportedly planning to launch three programs aimed at increasing the number of Russian guests at the country’s resorts.
The conflict in Ukraine led to sanctions on Russia-linked companies, which has made it difficult for tour operators in Russia to continue bringing tourists into Turkey.
Ankara has announced a series of measures intended to increase the number of tourists from Russia, the Turkish daily Sabah reports. The plan will reportedly be implemented by the Turkish Ministry of Culture and Tourism, the Ministry of Transport and Infrastructure, as well as by the Ministry of Finance.
The government-backed scheme will provide Turkish travel companies operating in Russia, such as Anex Tour, Pegas Touristic and Coral Travel, with a $300-million loan backed by the Credit Guarantee Fund (KGF).