Gulf states and Turkey launch free trade agreement talks

Jassim Mohammed Al-Budaiwi, Secretary-General of the Cooperation Council for the Arab States of the Gulf, stated that the signing of the joint statement to begin free trade negotiations between the Council and Turkey is an indication of the strength of the strategic and deep partnership between the two sides, and it is also an indication of what the GCC countries have achieved in terms of regional and international standing at all levels. Including the economic and financial business position.

This came during the signing of Al-Budaiwi and Dr. Omar Bolat, Turkish Minister of Trade, to begin negotiations on a free trade agreement between the two sides, 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, in addition to their continued aspiration to expand trade and investment, and achieve greater cooperation.

He stressed that the GCC countries are moving forward with the file of negotiations for free trade between the GCC countries and other countries, with the aim of reaching 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 come within the efforts of the GCC countries to diversify their sources of income and economies.

By Editor

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