Turkey and the United Arab Emirates signed a broad-based economic partnership agreement to boost trade, President Recep Tayyip Erdogan said on Friday.
to talk in Istanbul, Erdogan said that the Comprehensive Economic Partnership Agreement will be taken economically and trade Relations with a new phaseadding that he believes it will enable trade size between th countries to $25 billion in five years.
Speaking at the signing ceremony via Video link, Erdogan confirmed that economic and trade relations between the two countries A will enter new phase with the signature of the agreement.
50-year Turkish-Emirati relations are based on Solid foundations, Erdogan said, adding: “Thanks to the agreement, the barriers to trade in Goods and services will be removedand activities of Our investors and entrepreneurs will be facilitated.”
“In this waywe will build An economic bridge extending from Europe to North Africa, and from Russia to the Gulf, on solid foundations added.
He also expressed his gratitude to the UAE for that it support After the twin earthquakes on February 6th in Southern Turkey.
The Turkish nation will never forget a helping hand extended for them ” added.
More than 45,000 people He died in Turkey in Earthquakes of magnitude 7.7 and 7.6 magnitude on Feb 6. Earthquakes that were centered in interrupt of Kahramanmaraş, affected more from 13 million people Across 11 provinces, including Hatay, Adana, Gaziantep, Diyarbakir, Adiyaman, Malatya, Kilis, Osmaniye, Elazig and Şanlıurfa.
Turkish and Arab relations world It suffers from a massive thaw after years of Strained relationships. The two countries Their relations have been affected by regional tensions, including conflict in Libya, where the UAE and Turkey supported opposing sides in Last few years.
Turkish is also linked in An attempt to mend strained relationships with regional powers, including Egypt and Saudi Arabia. Erdogan has reiterated that Turkey hopes to maximize its cooperation with Egypt and the Gulf countrieson a win-win At a time when Ankara has stepped up its diplomacy to repair its fraught relations with Cairo and some Arab Gulf states after years of tensions.
