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Turkey's President Erdogan, who has been in power since 2003, won the presidential runoff vote. It paved the way for a 30-year rule, which was immediately welcomed by Russian President Putin, who is close to Erdogan.

The details will be brought to you by our correspondent.

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Incumbent
President Erdogan has won the runoff vote in Turkey's presidential election.

He received 52.14% of the vote, ahead of the opposition candidate who received only 47.86% of the vote (99.43% of the votes counted).

President Erdogan, who has been in power since 2003, is paving the way for a 2033-year rule until 30.

Extreme inflation caused the lira to plummet, and the February earthquake sparked speculation about the government's judgment, but it did not lead to a change of government.

He stressed to his supporters who had gathered in front of his house that "the results of this election showed that no one can covet the interests of Turkey."

[Turkish voters: Erdogan is a great leader, and the results of this election are very positive.]

[Turkish voters: The younger generation supported other candidates, and they are very angry with the election results]

The international community's reaction to Erdogan's re-election, which is a member of NATO but has taken a pro-Russian stance on key issues such as the war in Ukraine, has been mixed.

Russian President Putin sent a congratulatory message with the title "Dear Friend" and hailed the election results as a "victory for independent diplomacy" by President Erdogan.

U.S. President Biden posted a brief congratulatory message on social media, saying, "We look forward to continuing our cooperation as a NATO ally."

With President Erdogan saying he would maintain the current low interest rate stance despite extreme inflation, the Turkish lira continued to weaken in the foreign exchange market.

(Video Interview: Kim Si-si, Video Editing: Kim Jin-won)