As the head of the joint economic commission, Yıldız will hold talks on issues concerning trade, industry and construction. The two sides will also talk about the Blue Stream-2 project - the construction of a pipeline parallel to the existing one that passes under the Black Sea to carry Russian gas to Turkey.
There will also be preliminary talks on the renewal of the contract to buy Russian gas, which is set to expire soon. The visit comes in the aftermath of the deal signed between Russia and Azerbaijan, whereby the Russian gas monopoly Gazprom will buy 500 million cubic meters per year starting in 2010. The deal is perceived as a blow to the Nabucco project, the pipeline designed to carry Caspian natural gas to Europe via Turkey. The deal signed between Russia and Azerbaijan and the Nabucco project are two separate projects, Yıldız said.
Meanwhile Foreign Minister Davutoğlu is also headed to Moscow where he will meet his Russian counterpart Sergei Lavrov today. The two are expected to talk about the Nagorno Karabakh issue.