Turkey's Erdogan says to continue cooperation with nationalist party

By Kitco News / October 23, 2018 / www.kitco.com / Article Link

ANKARA, Oct 23 (Reuters) - Turkey's ruling AK Party will notform an alliance with the nationalist party for the 2019 localelections, but cooperation between the two parties willcontinue, President Tayyip Erdogan said on Tuesday, after thenationalists pulled out of the alliance earlier.


Erdogan's AK Party and the Nationalist Movement Party (MHP)formed an alliance ahead of June elections, but have since beenat loggerheads over a disagreement about the MHP's call for anamnesty for some jailed criminals. MHP leader Devlet Bahcelisaid his party would not seek an alliance in the 2019 localelection, weakening the lira more than 3 percent.


Speaking to members of his AK Party in parliament, Erdogansaid he wanted to carry the alliance into the future, but addedthat it would run independently from the MHP in the March 2019local election. The lira firmed to as far as 5.76 to the dollarafter his comments.


(Reporting by Tuvan Gumrukcu and Ece Toksabay; Editing by DavidDolan)

tuvan.gumrukcu.thomsonreuters.com@reuters.net)) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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