Turkish private sector makes 26 agreements in President Erdogan's Gulf tour

By Ugur Aslanhan

ISTANBUL (AA) - The Turkish business world, which visited the Gulf countries with President Recep Tayyip Erdogan, signed 26 agreements in three countries.

Investors in the host countries, Saudi Arabia, Qatar and the UAE, showed great interest in the business forums, organized by Türkiye's Foreign Economic Relations Board (DEIK).

The 200-member Turkish business delegation included many sectors, especially real estate, contracting, industry, agriculture, food, urbanization, port and banking.

In the meetings where bilateral and multiple meetings were held, new cooperation and investment opportunities were discussed.

While it was agreed to increase the foreign trade volume and mutual investments between the countries, it was emphasized that joint investments could be made in third countries.

Nail Olpak, the head of DEIK, said it is positive that Türkiye's relations with Saudi Arabia, Qatar and the UAE were improved in the recent period.

He stressed that 26 agreements were signed in many fields including energy, health, information technologies, real estate, and food.

He noted that these agreements' reflection will be seen in commercial field soon.

Mahmut Asmali, the head of Independent Industrialists' and Businessmen's Association (MUSIAD), said the Turkish private sector conducted serious meetings during the tour.

He stressed that these three countries have significant interest on Turkish products, investors and business people.

Türkiye can be a production base for the Gulf countries, he added.

Mehmet Nane, the head of Turkish carrier Pegasus Airlines, said major investments from the three countries will come to Türkiye in the coming period.

*Writing by Gokhan Ergocun