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Nazdrovya! Diplomatic three-way in Moscow over Syria

The Kremlin as seen from the Sofiiskaya Embankment

The Russian leader has also acknowledged that the political dialogue between the two counties has resumed.

Erdogan said Turkey welcomed the ratification of the TurkStream natural gas pipeline project.

Little has deterred Turkey and Russia in reestablishing diplomatic ties, including the dramatic assassination of Russian Ambassador to Ankara Andrei Karlov in December by a Turkish police officer.

President Vladimir Putin said his country is cautiously optimistic on the chances for a peace deal in Syria.

"It should now be accepted that a terrorist organisation can not be defeated with another one", Mr Erdogan said, referring to the enlistment of YPG by the United States to fight Islamic State, also known as Isis.

"It should now be accepted that a terrorist organisation can not be defeated with another one", Erdogan said, referring to the enlistment of YPG by the United States to fight IS.

Semyon Bagdasarov, director of the Center for Middle East and Central Asian Studies, said it's obvious what Erdogan wants: he takes issue with Syrian Kurds due to their close links to Turkish Kurds, whom Ankara accuses of separatism.

For his part, Erdogan said that there are "no doubts" about the "very successful" Syria talks sponsored by the two countries, adding that Turkey was cooperating entirely with Russia's military. Two lines with a capacity of 15.75 billion cubic metres a year each will be laid across the Black Sea bed.

Russian and Turkish media reported that the talks would include a meeting of the high-level bilateral cooperation council that will include negotiations on the possible purchase by Turkey of Russian S-400 surface-to-air missile systems.

The main issues on the agenda for talks revolve around economic co-operation - predominantly around trade, tourism and the construction of a new nuclear power plant in Akkuyu, Turkey. Turkey may not be a candidate for EU membership, but it is still a player in European politics and Putin has been quietly gathering more and more allies in Europe to the Russian flag in the last two years.

Erdogan said he believed the events to be organized in this regard would enable both societies to get to know each other "closely". The last meeting between Erdoğan and Putin was held in August, after Turkey and Russia patched up the fallout in the aftermath of the downing of a Russian jet over the Turkish-Syrian border.

Since the summer, Russian Federation has relaxed the sanctions imposed on Turkey in response to the jet incident and the countries have worked together to bring a cease-fire and political solution to Syria.

"Russia and Turkey have great potential for further advancing their neighbourly relations".