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Türkiye ramps up investor diplomacy as economy chief starts Gulf tour

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  • October 25, 2023 at 2:12 am #14428

    Fat Man
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    Türkiye ramps up investor diplomacy as economy chief starts Gulf tour

    Turkiye’s economy chief along with Turkish officials kicked off Monday the Gulf tour during which he is engaging with investors from the United Arab Emirates (UAE), Qatar and Saudi Arabia to attract foreign capital and bolster the country’s policy overhaul.

    Starting with the visit to Abu Dhabi, Treasury and Finance Minister Mehmet Şimşek arrived in Qatar’s capital Doha on Tuesday to attend the “Türkiye Century Investment Receptions.”

    Şimşek, a highly respected technocrat with Wall Street experience, was appointed by President Recep Tayyip Erdoğan in June to lead a shift to more convenient economic policies.

    “Firstly, we had a productive meeting with HE Mohamed Hassan Al Suwaidi, the UAE Minister of Investment,” Şimşek wrote on X, formerly Twitter.

    “In our second stop, Qatar, we met with Mr. Ali bin Ahmed Al Kuwari, Minister of Finance of Qatar,” he added.

    He also noted they met Mohammed Ali Al Khouri, the secretary-general of Expo Doha 2023, and visited “Türkiye Center,” as well as that they joined the investment program in Qatari capital where they conveyed the investment opportunities in Türkiye to over 200 investors and representatives from the business world.

    The event, themed “Türkiye: Your Resilient Investment Partner,” was co-hosted by the Turkish Embassy in Qatar, the Investment Office of Türkiye and the Qatari Businessman Association (QBA).

    Gathering the business communities from Türkiye and Qatar, the event at the residence of the Turkish Ambassador in Doha Mehmet Mustafa Göksu provided a platform to explore bilateral relations and discuss investment opportunities in both countries.

    Speaking at the event Şimşek highlighted the “excellent political relations” between Türkiye and Qatar and said, “I think it is up to us, the policymakers, but also up to the business community to leverage these excellent political relations in deepening our ties to trade and investments.”

    Ahmet Burak Dağlıoğlu, the head of the Investment Office of the Presidency of the Republic of Türkiye, said that Türkiye has become a regional hub in its region in the last two decades.

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