‘Strong political relations a firm foundation to expand Qatar-Turkiye trade ties’

In an exclusive interview with Al Sharq Newspaper, Vice President of the Republic of T rkiye, H E Dr. Cevdet Yılmaz discussed key topics concerning T...

In an exclusive interview with Al Sharq Newspaper, Vice-President of the Republic of Türkiye, H E Dr. Cevdet Yılmaz discussed key topics concerning Türkiye-Qatar bilateral relations, including strategic cooperation across various sectors, trade and investment dynamics, and the implementation of major joint initiatives such as the Strategic Development Road Project involving Türkiye, Qatar, and the UAE. The Peninsula is publishing the interview simultaneously with Al-Sharq. He also addressed regional issues, particularly the situation in Syria and the ongoing war and humanitarian crisis in Gaza.

Speaking on the current state and future of Qatari-Turkish investments, Dr. Yılmaz emphasised Türkiye’s commitment to enhancing its strategic partnership with Qatar across political and economic domains. He noted that by the end of 2024, Qatari investments in Türkiye had reached $4.9bn, with key areas including finance, banking, port management, and poultry production.

Between 2003 and 2024, Türkiye attracted approximately $271bn in global foreign direct investment (FDI). As a regional industrial hub with a technologically advanced and diversified economy, Türkiye offers a liberal investment climate and a robust industrial infrastructure. Dr. Yılmaz encouraged Qatari business leaders to further engage in Türkiye, leveraging these strengths for mutual benefit.

He highlighted the complementary nature of the two economies, which not only supports bilateral investment growth but also creates opportunities for joint ventures in third countries. “We are eager to collaborate with Qatar on development projects in Africa and other regions to boost regional trade and economic progress,” he said.

Dr. Yılmaz underlined the strength of Türkiye-Qatar political relations, describing them as a firm foundation for expanding economic, trade, investment, and financial ties. The strategic alignment and mutual trust between the leaderships of both nations create a favourable environment for elevating economic cooperation to match their political partnership.