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Türkiye, UAE sign 13 deals worth .7B

Türkiye, UAE sign 13 deals worth $50.7B

Türkiye and the United Arab Emirates (UAE) on Wednesday signed a complete of 13 offers value $50.7 billion, the Turkish Communications Directorate stated.

In a press release, the directorate stated that either side have reached an settlement to ascertain a High-Level Strategic Council, to be chaired by the presidents of Türkiye and the UAE.

Türkiye’s relations with the UAE have been elevated to the extent of strategic partnership because of the settlement, it stated.

“The parties also decided to advance the existing cooperation in fields such as energy, transportation, infrastructure, logistics, e-commerce, finance, health, food, tourism, real estate, construction, defense industry, artificial intelligence and advanced technologies,” the assertion stated.

“The total value of agreements signed in these areas is worth $50.7 billion,” it added.

Turkish President Recep Tayyip Erdoğan stated that his nation will be sure that relations with the UAE are addressed often on the highest stage by the High-Level Strategic Council mechanism.

His remarks got here as Erdoğan and UAE President Sheikh Mohammed bin Zayed Al Nahyan led delegation-level talks on the Al Watan Palace in Abu Dhabi.

Expressing satisfaction with the event of shut dialogue and cooperation on the fiftieth anniversary of diplomatic relations with the UAE, Erdoğan stated Türkiye goals to strengthen authorized infrastructure with UAE in areas together with funding promotion, safety, renewable power and transportation.

“With the joint agreement we will sign, we will elevate our relations to the level of strategic partnership,” Erdoğan stated, including: “We find it beneficial to organize a Trade and Investment Forum in Istanbul in the autumn to introduce the agreement to our business world.”

Erdoğan stated that cooperation between the 2 international locations would advance additional with the International Defense Industry Fair (IDEF) to be held in Istanbul on July 25-28.

He expressed his pleasure for being invited because the “guest of honor” to the Abu Dhabi International Book Fair.

Al Nahyan additionally awarded Erdoğan with the Order of Zayed, the UAE’s highest civil ornament.

Erdoğan began his three-nation Gulf tour on Monday with Saudi Arabia, adopted by Qatar. The UAE is his final cease.

Source: www.anews.com.tr