YEKATERINBURG, November 25. /TASS/. The CEO of Russia’s VTB bank Andrey Kostin believes that tensions with Turkey do not pose any serious losses for the Russian economy, but there may be complications in the gas sector.

"I would not escalate the situation right now, that is wrong. There are trade-economic relations, we always advocate for setting economy apart [from politics] to a certain extent. So I think we need to study the situation. I do not see any major losses for the Russian economy," Andrey Kostin told reporters.

He noted that the situation (around downed Su-24 combat plane of the Russian air group — TASS) should not greatly affect the economic performance, "even if there are some temporary issues related to trade and economic relations and gas."

"But the situation may influence gas relations, because this is rather serious political issue," Kostin said.