UAE & Turkey pledge to boost cooperation in wide range of fields

By Shilpa Annie Joseph, Official Reporter
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The UAE and Turkey have pledged to boost their cooperation in a wide range of fields by increasing mutual investment opportunities.

HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, and Foreign Minister of Turkey, Mr. Mevlüt Çavuşoğlu, discussed ways to boost the cooperation between their countries and the prospects to advance relations for the common interests of their peoples.

The two ministers also underlined the importance of strengthening efforts to achieve peace, stability, and development in the region.

They addressed the latest regional and global developments, including those relevant to the stability of energy supplies and food markets in the world, and the global efforts made to reach a political settlement to the crisis in Ukraine.

the UAE minister underlined the importance of renewable energy, noting that the two countries should boost their cooperation in the carbon reduction field.

Sheikh Abdullah bin Zayed Al Nahyan
Sheikh Abdullah bin Zayed Al Nahyan
UAE Minister of Foreign Affairs & International Cooperation

“We will be working together over the coming years to serve our bilateral relations. Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President of Turkey Mr. Recep Tayyip Erdoğan, these relations can fulfill many of the hopes and aspirations of our two peoples, and strengthen the regional positions of our two nations. “I hope that we can work together to finalize the trade partnership agreement between our countries, whereby we can double our trade exchanges. We can also collaborate more to strengthen our partnerships around the world. There are many areas of collaboration, such as development and trade partnerships as well as working to revive and create the best possible ecosystems for Emirati and Turkish industries and businesses.”

For his part, Turkish Foreign Minister Mr. Mevlut Cavusoglu said that, “We are working with all our institutions to improve our relations in a broad spectrum from trade to agriculture, from the defense industry to health and tourism.”

Turkey and the UAE also seek ways to cooperate in third countries, Mr. 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 $8 billion in 2021, promising hope to achieve a $10 billion target shortly,” according to Mr. Cavusoglu.

Related: UAE, Turkey export credit agencies ink MoU to boost trade & business