ISTANBUL
Here is a rundown of all the news you need to start your Saturday, including Türkiye offering to host peace talks to end the Russia-Ukraine war with President Recep Tayyip Erdogan telling Vladimir Putin that Ankara is ready to facilitate negotiations; the EU agreeing to indefinitely immobilize Russian assets; and Thailand dissolving parliament to hold snap elections.
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Türkiye's President Recep Tayyip Erdogan said he is "closely" following peace talks to end the Russia-Ukraine war, adding that Ankara can host the talks, in his meeting with Russian President Vladimir Putin, according to the Turkish Communications Directorate.
Erdogan and Putin met on the margins of the International Peace and Trust Forum in Turkmenistan’s capital of Ashgabat and discussed ties and comprehensive peace efforts regarding the Moscow-Kyiv war.
The efforts for ending the war with "a just and lasting peace are valuable," said Erdogan, noting that progress can be achieved in areas that offer practical benefits for both sides.
The EU decided to "indefinitely immobilize" Russian assets in Europe, foreign policy chief Kaja Kallas announced.
"The EU just decided to indefinitely immobilize Russian assets. This ensures that up to €210 billion ($246 billion) in Russian funds stay on EU soil, unless Russia fully pays reparations to Ukraine for the damage it has caused," Kallas said on US social media company X.
European Commission President Ursula von der Leyen welcomed the decision, stressing that it sends a "strong signal" to Russia that its costs will continue to rise as long as the war continues.
Thai King Maha Vajiralongkorn dissolved parliament at Prime Minister Anutin Charnvirakul's request as the country moves to hold snap elections.
The king issued a royal decree dissolving the House of Representatives after Anutin formally requested fresh elections within 45 to 60 days.
Thailand's parliament was formed after the May 2023 general election.
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BUSINESS & ECONOMY
Türkiye's Trade Minister Omer Bolat said Ankara and the US have made progress toward expanding bilateral commerce.
Bolat said he had a "productive meeting" with US Trade Representative Ambassador Jamieson Greer during a visit to Washington, DC.
He said they "comprehensively" discussed Türkiye-US trade and economic relations.
China voiced strong opposition to US sanctions after Washington seized an oil tanker off the coast of Venezuela earlier this week and announced restrictions on six shipping companies and associated vessels, including one flagged in Hong Kong.
Beijing “opposes unilateral illicit sanctions and long-arm jurisdiction that have no basis in international law or authorization of the UN Security Council, and the abuse of sanctions,” Foreign Ministry spokesperson Guo Jiakun said at a news conference in Beijing.
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