Türkiye-UAE bilateral trade to reach B in five years: Erdogan

Türkiye-UAE bilateral trade to reach $25B in five years: Erdogan

Economic-commercial relations between Türkiye and UAE enter a brand new part with Comprehensive Economic Partnership Agreement, Turkish President Recep Tayyip Erdogan says.

The 50-year Türkiye-UAE relations are based on strong foundations, Erdogan said.
The 50-year Türkiye-UAE relations are based mostly on robust foundations, Erdogan mentioned.
(AA)

The commerce quantity between Türkiye and the United Arab Emirates will attain $25 billion in 5 years because of the Comprehensive Economic Partnership Agreement signed between the 2 nations, the Turkish president has mentioned.

Speaking on the signing ceremony by way of video hyperlink on Friday, Recep Tayyip Erdogan underlined that the financial and commerce relations between the 2 nations will enter a brand new part with the signing of the settlement.

The 50-year Türkiye-UAE relations are based mostly on robust foundations, Erdogan mentioned, including: “Thanks to the agreement, the barriers to trade in goods and services will be removed, and the activities of our investors and entrepreneurs will be facilitated.”

“In this way, we will build an economic bridge extending from Europe to North Africa, from Russia to the Gulf, on solid foundations,” he added.

READ MORE: Erdogan: Türkiye-UAE ties will contribute to world stability

UAE’s assist in quakes aftermath

Also, he expressed his gratitude to the UAE for its assist following the February 6 twin earthquakes in southern Türkiye.

“The Turkish nation will never forget the helping hand extended to them,” he added.

More than 45,000 folks died in Türkiye within the magnitude 7.7 and seven.6 earthquakes on Feb. 6. 

The earthquakes, which have been centred within the province of Kahramanmaras, affected greater than 13 million folks throughout 11 provinces, together with Hatay, Adana, Gaziantep, Diyarbakir, Adiyaman, Malatya, Kilis, Osmaniye, Elazig, and Sanliurfa.

READ MORE: The feasibility of the Turkey-UAE rapprochement

Source: AA

Source: www.trtworld.com