“Relevant institutions continue to work on a long-term solution to the problem with the MIR system, which Russian tourists use as a means of payment.

Russian tourists have no problems with cash,” the Dünya newspaper quoted him as saying.

Earlier, the Financial Times, citing sources, wrote that the US and the EU plan to increase pressure on Turkish banks to join the MIR payment system.

Turkish bank İş Bankası has already suspended the use of the Russian payment system due to the threat of sanctions.

Turkish President Recep Tayyip Erdogan instructed the ministers to develop, together with Moscow, an alternative to the Russian payment system MIR.