Türkiye and Qatar have set a $5 billion (TL144.64 billion) bilateral commerce quantity goal for the medium time period, a senior official stated on Tuesday.
During President Recep Tayyip Erdoğan’s assembly this week with Qatari Emir Sheikh Tamim bin Hamad Al Thani, they stated as soon as the international locations’ Trade and Economic Partnership Agreement (TEPA) enters into power, they intention for bilateral commerce to succeed in $5 billion within the medium time period, Trade Minister Ömer Bolat stated in a put up on social media platform X, previously Twitter.
During Erdoğan’s second go to to Qatar this 12 months, Türkiye’s dedication to enhancing partnership with Qatar was proven, he added. The president earlier in July carried out a three-day Gulf tour visiting Saudi Arabia, Qatar and the United Arab Emirates (UAE).
Türkiye and Qatar on Monday signed 12 cooperation agreements in varied fields and the joint declaration of the ninth assembly of the Türkiye-Qatar Supreme Strategic Committee.
After a face-to-face assembly at Lusail Palace, Erdoğan and Al Thani chaired the Türkiye-Qatar High Strategic Committee assembly.
Following the assembly, the signing ceremony of the agreements between the 2 international locations befell within the presence of Erdoğan and Al Thani.
Among the agreements signed, a bilateral army framework deal was signed by Defense Minister Yaşar Güler and Halid bin Mohammad Al Atiyyah, Qatar’s deputy prime minister and protection minister.
Pacts for cooperation on science, business and expertise have been signed by Industry and Technology Minister Mehmet Fatih Kacır and Sheikha Hind bint Hamad Al Thani, chair of the Board of Trustees of the Qatar Foundation Hamad bin Khalifa University.
Furthermore, a pact on bilateral cooperation on data and communication expertise was signed by Kacır and Mohammed bin Ali Al Mannai, Qatar’s communications and knowledge applied sciences minister.
The pact on cooperation between the international locations’ treasury and finance ministries was signed by Treasury and Finance Minister Mehmet Şimşek and Qatari Finance Minister Ali bin Ahmad Al Kuwari.
At the identical time, a pact on cooperation in funding promotion was signed by Turkish Presidential Investment Office head Ahmet Burak Dağlıoğlu and Qatar Chamber of Commerce and Industry head Sheikh Khalifa bin Jassim Al Thani.
Finally, Turkish Exporters’ Assembly (TIM) head Mustafa Gültepe and Sheikh Khalifa bin Jassim Al Thani additionally signed a memorandum of understanding (MoU) on cooperation on exports.
As a part of his go to to the Gulf nation, Erdoğan visited on Monday Expo 2023, which opened within the Qatari capital on Oct. 2 and can run till March 28, 2024.
“The fact that there were approximately 80 participating countries here naturally added additional power to the Expo fair,” Erdoğan stated.
“Our wish is that in the future, there will be much more participation, and trade in the world will merge,” he stated.
He additionally hailed the pavilions of Türkiye, Qatar and Saudi Arabia whereas wishing the organizers additional success.
Erdoğan can also be as a consequence of attend the forty fourth summit of the Gulf Cooperation Council (GCC) on Tuesday in Doha.
The Qatari Ambassador to Ankara Sheikh Mohammed bin Nasser bin Jassim Al Thani in a current interview with Anadolu Agency (AA) appreciated the excessive degree of bilateral relations, which he attributed to the “common political will that has taken root under the wise leadership” of two nation leaders.
He famous that the commerce quantity between the 2 international locations elevated by 17% in 2022 to a price of $2.2 billion compared to $1.8 billion in 2021, including that a number of Qatari corporations are energetic in Türkiye with their capital totaling $33.2 billion.
Source: www.dailysabah.com
