Trade investments between Türkiye-UAE to be boosted, Turkish trade minister says

The work on increasing bilateral trade and investments between Türkiye and the United Arab Emirates (UAE) will be mutually accelerated, Turkish Trade Minister Omer Bolat said after his meeting with Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the UAE.

Minister Bolat shared on his social media account about his contacts at the G20 Trade and Investment Ministers Summit held in India.

Stating that he met with Al Zeyoudi, UAE Minister of State for Foreign Trade, on the second day of the summit, Bolat reported that they discussed the plans for the new period that will start in economic relations with the Comprehensive Economic Partnership Agreement that will enter into force next week.

Bolat stated that they exchanged views on the investment areas decided during Turkish President Recep Tayyip Erdogan's visit to Abu Dhabi and the projects that the contracting sector can take part in within the scope of the UAE's "Abu Dhabi 2030 Vision".

"We have decided to hold the first meeting of our JETCO mechanism in Türkiye by the end of the year with the participation of our businessmen. We will mutually accelerate our efforts to increase bilateral trade and investments between Türkiye and the UAE," Bolat said.

Source: Anadolu Agency