Erdogan made the announcement after talks last week with Russian President Vladimir Putin on the sidelines of a regional summit in Uzbekistan, AFP reported.
Erdogan did not provide full details about the swap, calling the people being exchanged "hostages" and not saying how many there were from each side.
"Two hundred hostages will be exchanged upon agreement between the parties. I think a significant step will be taken forward," Erdogan told PBS television late Monday.
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