Erdogan and Putin also have a good personal relationship. Erdogan attended the opening ceremony of the Olympic Games in Sochi, despite strong objections from the Circassian diaspora in Turkey
At present, Russia is the second largest trading partner of Turkey, after Germany. In 2008, Russia was actually the first. Moreover, Turkish imports from Russia greatly exceed exports to Russia, which is largely due to the strong dependence of Turkey on Russian oil and natural gas.
In addition to the sharp increase in mutual direct investments and commodity circulation between the two countries, Turkey and Russia have begun to cooperate on the implementation of more strategic investment projects. As part of one such project, Russia will build Turkey’s first nuclear reactor in Akkuyu.
http://journal-neo.org/2014/04/07/rus-krizis-v-ukraine-pochemu-turt...