April 21, 2015

Turkish minister calls for trade boost with Arab League

Kuwait

Turkey

Turkey-Arab League economy

Turkey’s Economy Minister Nihat Zeybekci

Kuwait Finance Minister Anas Khalid Al-Saleh

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Tuesday 21 Apr 2015 - 10:41 Makkah mean time-2-7-1436

File photo

Kuwait, (IINA) - Turkey’s Economy Minister Nihat Zeybekci called late Sunday to increase efforts aimed at boosting economic ties with Arab League nations, Anadolu agency reported.
In his visit to Kuwait to participate in second Turkey-Arab League economy, trade and investment ministers meeting, Zeybekci attended a business dinner, which also hosted Kuwait Finance Minister Anas Khalid Al-Saleh, Head of Kuwait Finance House Hamad al-Marzouq and CEO of Kuwaiti-Turk Bank Ufuk Uyan.
During his keynote speech, Zeybekci said that boosting economic ties with Kuwait is among his government’s top priorities, noting that each country has sources which other lack, and this should be a common ground for better cooperation.
Zeybekci pointed out that Turkey's volume of trade among Arab League nations is just 8 percent of these countries’ overall trade volume.
"We say: Let’s do this together. Turkey is also your country. Let’s cooperate within the region and boost cooperation, and increase the efficiency of business forums. So we will make extensive efforts until we reach the desired levels," Zeybekci said.
The Arab Trade Chambers Union and Turkey's Foreign Economic Relations Board is expected to sign an agreement for the establishment of Turk-Arab Business Council.
SM/IINA

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