"America behaves like wild wolves. Don't believe them," Erdogan told a business forum during the Turkey-Kyrgyzstan Business Forum in Kyrgyzstan, according to AFP.

Erdogan also echoed the dedollarization call from Russia's deputy foreign minister Serkey Ryabkov, saying said that Turkey country was in negotiations with Russia over non-dollar trade.

"Using the dollar only damages us. We will not give up. We will be victorious," Erdogan told the meeting, attended by Kyrgyz and Turkish businessmen as well as government officials.

On August 24, Moscow said it would respond to Washington's latest sanctions by accelerating efforts to abandon the American currency in trade transactions: "The time has come when we need to go from words to actions, and get rid of the dollar as a means of mutual settlements, and look for other alternatives," said Russia's Deputy Foreign Minister Ryabkov.

"Thank God, this is happening, and we will speed up this work," Ryabkov said, explaining the move would come in addition to other "retaliatory measures" as a response to a growing list of US sanctions.