Turkey and Senegal agree to improve their bilateral agreement trade target volume after successfully achieve and even exceed their previous goals their leaders announced on Monday.
The target has more more than doubled from 400 millions to $1 billion, President Recep Tayyip Erdoğan told Turkey-Senegal Business Forum, then at joint press conference with son Senegalese counterpart Macky Sall in the capital Dakar.
“Our goal now is $1 billion. With our joint efforts, we will reach this figure in short term,” Erdoğan said.
the trade volume in 2021 jumped 42% year-over-year at 540 millions dollars despite the coronavirus pandemic, he stressed.
“I hope we will move towards our goals very quickly in the coming period without losing this momentum.
Erdoğan’s visit to Senegal was part of of son four-day trip to Africa in three countries. He visited the Democratic Republic of Congo (DRC) on Sunday.
Accompanied by a delegation of government members and businessmen, on expected the President arrive in Guinea-Bissau on Tuesday, in a trip that will mark the first presidential level official Turkey’s visit to this West African country.
“We attach great importance in structuring our investments in a way prioritizing human resources while advancing our relationship,” Erdoğan said, as he was due to attend the opening ceremony of Dakar Olympic Stadium on Tuesday, which was built by a Turkish entrepreneur.
“For example, 1,000 of the total 1,500 workers employed in Dakar Olympic Stadium project were our Senegalese brothers and sisters.
” Contributions of our Plan Sénégal Emergent companies will continue with the support of the senegalese people”, Erdoğan added.
“Also, our companies in Portage from Senegal out Activities in areas of energy, steel, health, food industry, ready-mixed concrete production and gold processing on the base of mutual interest.”
For his part, Sal also said they quickly exceeded their trade goal set two years ago and expressed the beliefs of both countries would like also reach the new level soon.
Hall also underlined the constant desire to bring the level of partnership between Turkey and Senegal to a higher level.
He congratulated the Turkish companies that launched various investment projects in the country and said investments between the two countries should increase even more.
Erdoğan and Sall oversaw the signing of five agreements between the two countries including in security, maritime and media.
Erdoğan underlined the need to put new mechanisms in practice while using existing opportunities to strengthen economic ties between the two countries.
Growing Bonds with Africa
Thanks to its geographical location location and influence in the regionSenegal is an export gateway to West African countries, he said.
“On the base of the win-win principle, channels of cooperation set Above all in the fields of production, agriculture, tourism, textiles, industry, energy, food and health will benefit all region.”
Turkey seeks to strengthen cooperation with Africa. Since 2003, the volume of son trade with the continent went from 5.4 billion in 2003 to at least $35 billion in 2021.
Erdogan on Tuesday reiterated the goal to raise this number first at $50 billion, then at $75 billion in the coming period.
Turkey’s investments exceeded $6 billion and Turkish companies undertook around 1,700 projects on the continent worth about $78 billion.
Erdoğan has visited Africa nearly 40 times since 2005, as prime minister and president. Meanwhile, Turkey has opened some 43 embassies on the continent.