Turkey: Ten Cooperation Agreements signed by Turkish-Qatari Governments at the  6th G2G

Turkey: Ten Cooperation Agreements signed by Turkish-Qatari Governments at the  6th G2G

Turkey and Qatar signed 10 new agreements Thursday at a joint meeting held at the Presidential Palace in Ankara.

Turkish President Recep Tayyip Erdogan and Emir of Qatar Tamim Hamad al-Thani chaired the closed-door meeting.

The sale of 10% of the shares of the Turkish Stock Exchange Borsa Istanbul was at the top of the list of deals made during the day.

Another agreement was signed to transfer shares of Istanbul’s Istinye Park, a luxury shopping mall.

A memorandum of understanding was also signed for the joint investment in the Golden Horn project in Made, Istanbul.

It was also agreed the transfer and purchase of shares of the ports of the Middle East of Antalya from the Turkish Global Ports to the terminals of Qatar W.L.L.

A memorandum of understanding was signed between the Turkish Ministry of Commerce and the administration of the Qatar Free Zone.

Another agreement was reached on setting up a joint trade committee between the two countries.

Many memoranda of understanding were also signed on water management, improved economic and monetary cooperation and family and social services.

A statement of intent was signed for a diplomatic exchange program between the two countries.

In later statements, Erdogan said the two leaders had very productive meetings.

“We will continue our solidarity with the brotherly people of Qatar, with whom we have deep-rooted love ties in every field”, Erdogan said on Twitter.

In a tweet, the Emir of Qatar said he had “a productive meeting” with Erdogan.

“During the meetings, Turkey and Qatar reaffirmed that the two sides are determined and willing to strengthen strong fraternal ties and strategic partnerships in various fields”, the Qatari Shura Council said in a statement.

Turkish Foreign Minister Mevlut Cavusoglu and his Qatari counterpart Mohammed bin Abdulrahman Al Thani also signed the joint statement on the 6th resumption of the meeting.

The meeting was also attended by Turkish Defence Minister Hulusi Akar, Minister of Finance Lutfi Elvan, Minister of Trade Ruhsar Pekcan, Minister of Transport and Infrastructure Adil Karaismailoglu, Minister of Agriculture and Forestry Bekir Pakdemirli, Minister of Family, Work and Social Affairs Zehra Zumrut Selcuk, Communications Director Fahrettin Altun, Presidential Spokesman Ibrahim Kalin, Turkey Wealth Fund CEO Zafer Sonmez and many businessmen.

In the past, the two countries have concluded a total of 52 agreements and five joint statements.

At the last meeting, the total number of agreements increased to 62.

At previous meetings, the committee has reached consensus on a number of important issues in the fields of economy, industry, security, investment, energy, culture, intellectual property, education and youth.

The volume of trade between the two countries increased by 6% in 2020, reaching USD 1.6 billion. Qatar’s investment in Turkey has reached USD 22 billion, according to data provided by the Doha embassy in Turkey.

A total of 533 Turkish companies operate in Qatar, completing USD 18.5 billion worth of construction projects.

A total of 179 companies from Qatar operate in Turkey.

The number of tourists from Qatar visiting Turkey is increasing over the years, to 110,000 in 2019./ibna