Turkey, UAE Pledge To Boost Cooperation, Sign Trade Agreement

Turkey, UAE Pledge To Boost Cooperation, Sign Trade Agreement

ISTANBUL, May 28 (NNN-ANADOLU) – Turkey and the United Arab Emirates (UAE), pledged yesterday, to boost their cooperation in a wide range of fields, by increasing mutual investment opportunities.

“We are working with all our institutions to improve our relations in a broad spectrum, from trade to agriculture, from the defence industry to health and tourism,” Turkish Foreign Minister, Mevlut Cavusoglu said, at a joint press conference with UAE Minister of Foreign Affairs and International Cooperation, Sheikh Abdullah bin Zayed Al Nahyan, in Istanbul.

Turkey and the UAE also seek ways to cooperate in third countries, Cavusoglu said, noting that, they have been working on “very important” transportation projects that will connect the Gulf region with Europe through Iraq.

The Turkish minister added that, the two countries agreed to sign a comprehensive trade agreement before the end of this year.

The trade volume between the two countries reached eight billion U.S. dollars in 2021, promising hope to achieve a 10-billion-dollar target, in the near future, according to Cavusoglu.

The UAE minister, on his part, underlined the importance of renewable energy, noting, the two countries should boost their cooperation in the carbon reduction field.– NNN-ANADOLU

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