JUST IN: Kremlin spokesperson Peskov said Putin and Erdogan agree that Europe’s attempt to seize Russian assets would undermine the Bretton Woods system, along with all foundations and principles of the international financial system…

Russian dictator Vladimir Putin held talks with Turkish President Recep Tayyip Erdogan in Ashgabat. Among other things, they discussed the “Ukrainian issue” and “attempts by Europeans to seize Russian assets,” UNN reports with reference to Russian media.

According to him, the leaders agreed that these attempts would lead to “the breakdown of the foundations and principles of the international financial system.”

According to The Wall Street Journal journalist Laurence Norman, the European Union has made progress on the issue of a reparations loan for Ukraine. At the same time, changes have been agreed to preserve frozen Russian assets.

This came during a meeting between the two presidents on Friday, held on the sidelines of the “Peace and Trust” international forum in the Turkmen capital, Ashgabat.

In a statement published by the Russian Foreign Ministry on Telegram and reviewed by the Yemeni News Agency (Saba), the Russian president reiterated his well-known assessment of the issue of Russian assets. Both sides agreed that such uncalculated actions by European states would, in effect, erode the Bretton Woods system and the foundations of the global financial order.

The Russian Foreign Ministry said the two presidents noted significant progress in all areas of Russian-Turkish relations, adding that the multifaceted and diverse nature of these relations—particularly in the trade and economic spheres—enables both countries to confront international challenges and resist pressure from other states.

The ministry added that “the agenda includes several major joint projects, most notably the completion of the Akkuyu nuclear power plant.”

It continued: “The two leaders also held an in-depth exchange of views on Ukrainian, regional, and international issues.”