Al Bilad newspaper Türkiye and the Gulf states… talks on a free trade agreement – 2024-03-21 20:04:58


The Secretary-General of the Gulf Cooperation Council, Mr. Jassim Mohammed Al-Budaiwi, confirmed that the signing of the joint statement to begin free trade negotiations between the Gulf Cooperation Council and the Republic of Turkey is an indication of the strength of the deep and strategic partnership between the Gulf Cooperation Council countries and Turkey, and it is also an indication of what the Gulf Cooperation Council countries have achieved in terms of Regional and international standing at all levels, including commercial, economic and financial standing.

This came during his signing with Dr. Omar Bolat, Minister of Trade of the Republic of Turkey, the joint statement to begin negotiations on a free trade agreement between the Gulf Cooperation Council and the Republic of Turkey, today, Thursday, in the Turkish capital, Ankara.

The Secretary-General pointed out that the joint statement emphasizes the vital importance of close cooperation between Turkey and the GCC countries to strengthen economic relations between the two sides, in addition to their continued aspiration to expand trade and investment and achieve greater cooperation between the GCC countries and the Republic of Turkey.

Al-Budaiwi stressed that the GCC countries are moving forward in the file of negotiations for free trade between the GCC countries and other countries, aiming to achieve several results, including opening and enhancing the prospects for trade and economic cooperation for the GCC countries regionally and internationally, in addition to ensuring the existence of strong and large markets for the goods and services provided by the GCC countries. These agreements also come within the efforts of the GCC countries to diversify their sources of income and economies.

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