Thursday, 02 December 2021 04:38 GMT

Turkey, Qatar possibility to hit USD5b in trade

(MENAFN) According to a Qatar Development Bank (QDB) official statement, Turkey and Qatar have an important association and a huge capacity, and their mutual trade volume can effortlessly hit USD5 billion by the year 2025.

Executive director of the QDB's Export Development and Promotion Agency, Hamad Salem Mejegheer stated to Anadolu Agency while speaking after a Qatar-Turkey Matchmaking Occasion the past week, that rulers and communities of the both nations aim to increase economic and trade ties to the highest levels, there are probability and potential for this goal.

The two-day meeting, planned by consultancy company Grant Thornton, talked about new possibilities of trade and the growth of current business between Qatari and Turkish businesspersons was hosted in Istanbul.

Quoting present shared trade number of USD1.9 billion during last year, he emphasized: “We have possibility for $5 billion target because Qatari companies conduct high quality and world class production activities and their products will be demanded in Turkey and its neighbors.”

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