April 16, 2011 - 15:51 AMT
Russia-Turkey visa-free travel regime officially launched

Visa-free travel regime between Turkey and Russia has officially begun on Saturday, April 16.

First Russian tourists have entered Turkey at Istanbul's Ataturk Airport without visa requirements Saturday morning.

Russian tourists must have 50 U.S. dollars for each day they will stay in Turkey, Turkish passport officials said.

The visa liberalization deal, signed by Turkey and Russia last May, paves the way for 30 days of visa-free travel within a 90-day period.

The visa-free period between Turkey and Russia is expected to have positive outcomes both in trade and contractor services as well as tourism. Actual 26.2 billion USD foreign trade volume between Turkey and Russia is expected to amount to 40 billion USD in one year after removal of visa restrictions.

The implementation is also expected to make a significant rise in number of Turkish and Russian tourists, AA reported.