Minister Muş attended the Turkey-United Arab Emirates Business Forum and KEK Meeting

TR MINISTRY OF COMMERCE

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Osmanbaba - Minister Muş attended the Turkey-United Arab Emirates Business Forum and KEK Meeting
TR MINISTRY OF COMMERCE - Osmanbaba news

Muş attended the Turkey-UAE Business Forum organized by the Foreign Economic Relations Board (DEIK) in Dubai.

Speaking at the opening of the meeting, Muş said that the business forums enabled the business worlds of the two countries to get closer, to learn about each other's fields of activity and to develop new collaborations. Muş said, "I fully believe that this event will open a new page in our relations and carry the positive dialogue between us one step further. I have no doubt that we will achieve good results when the strong will of cooperation of the two countries and the determined efforts of our business people come together." he said.

Noting that there is a very aesthetic architecture in the UAE, Muş stated that the share of Turkish companies in this aesthetic architecture and their contribution to the metro and many large housing projects make the country proud. Muş stated that in addition to the "Abu Dhabi Economic Vision 2030", programs such as Dubai Industrial Strategy and Dubai 3D Printer Strategy reflect the broad vision of the UAE today.

Emphasizing that Turkey has made great progress in every field in the last 20 years, Muş said, "Because we became the second country with the highest growth among the G20 countries in 2020. Turkey has a qualified workforce, strategic geographical location, integration with major markets, especially the EU, deep-rooted It is an exemplary model in the region with its democracy culture and transparent management structure. It is in the interest of both countries that Turkey and the UAE, which have significant potential in the region, deepen their commercial and economic relations in many ways. Considering Dubai's re-export capacity, it is in the interest of our bilateral trade to move to higher levels. It is as necessary as it is obvious.” used the phrases.

Pointing out that the statesmen and business worlds of the two countries came together on three different occasions, Muş made the following assessment:

"I believe that each of the aforementioned events will reveal important opportunities for the cooperation of the parties and I hope that these opportunities will be used in the best way. In addition, the development of cooperation between Turkey and the UAE will set an example for other countries in the region and will also promote regional stability. Despite the pandemic conditions, the trade volume between Turkey and the UAE increased and reached 8.4 billion dollars in 2020. 10-month data this year shows that the positive course in our bilateral trade continues. Our target is at the first stage, 15 billion dollars, which is the level of 2017. recapturing the dollar and leaving this point behind in a short time."

- "We continue to provide a safe business environment for investors"

Noting that the total amount of investment from the UAE to Turkey since 2002 reached $4.8 billion by the end of 2020, Muş noted that while almost 550 companies with UAE capital are operating in Turkey today, they want to increase these figures to much higher levels in the future. . Muş said, "We invite you, the business people from the United Arab Emirates, to invest more in our country, which has an exceptional place both in our region and in the world with its investment opportunities and potential for many different sectors." said.

Noting that 141 projects worth 12.6 billion dollars have been undertaken by Turkish contracting companies in the UAE, Minister Muş said, "I hope our companies will do much bigger things here in the coming period. In addition to foreign trade, we also provide a secure job for international investors due to our investor-friendly policies in effect. We continue to provide the environment. Moreover, our government has mobilized a comprehensive set of economic policies based on stability, discipline and transformation." he said.

- "Turkey has become an investment base"

Stating that while Turkey takes the necessary measures to combat the epidemic quickly, Muş noted that the private sector continues to produce with great devotion.

"As a result of this, our country has come to the fore as an alternative to the Asia-Pacific geography, despite the breaks in the supply chains, and has become a favorite investment base for many companies on a global scale. I would like to express with pleasure that Turkey is clinching and strengthening its position as a strong supplier in world trade today. Advanced industry With its infrastructure and experience, qualified human resources and the advantage of its geographical location, Turkey is a global production and export base. Turkey's exports are locked to the target to reach 220 billion dollars at the end of the year with the efforts and determination of our business people."

Emphasizing that as Turkey, they want to have a constructive dialogue with the UAE on commercial and economic issues, Muş said that these meetings are also reflections of the will in question.

- "We would like to participate in UAE projects"

After the business forum, Minister Muş met with Thani Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, at the Mixed Economic Forum.

mission (KEK) meeting.

In his speech here, Muş said that the representatives of the two countries held productive meetings within the scope of the JEC, and that in addition to the bilateral trade relations, the problems encountered in trade and the measures that should be put into practice to solve these problems were discussed. Noting that a forward-looking roadmap has emerged in this sense, Muş said, "In these meetings, cooperation issues in the fields of industry, energy, transportation, health, civil aviation, SMEs, science and technology, agriculture and tourism were also discussed. has been discussed." used the phrases.

Noting that these meetings provide the opportunity to discuss the cooperation between countries in more depth, Muş continued as follows:

"It is of great importance that we are in constant consultation. The cooperation between our countries will open new horizons for both our regions and our countries. The close cooperation of state authorities will also encourage our business people to do business together. We think that our country can bring its experience, especially in the field of contracting, to UAE projects. In this sense, we would like to participate and contribute to UAE projects."

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