Watch Live: Putin and Erdogan Brief Press Following Summit in Sochi

Russian President Vladimir Putin and his turkish counterpart Recep Tayyip Erdogan are meeting in the Russian city of Sochi.

The leaders are expected to discuss bilateral relations, the Ukraine conflict, regional security and cooperation, de-dollarization and the Black Sea Grain Initiative, also known as the grain deal.

Earlier, a source told Sputnik that the talks in Sochi will be of critical importance for the grain deal in terms of risks of the increase of grain prices on global markets.