Turkey, Qatar sign 10 new cooperation and investment deals

  • Date: 27-Nov-2020
  • Source: Middle East Observer
  • Sector:Economy
  • Country:user-top-picks
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Turkey, Qatar sign 10 new cooperation and investment deals

Turkey and Qatar signed 10 new deals on Nov. 26 at a joint meeting held at the presidential palace in Ankara.Turkish President Recep Tayyip Erdogan and Qatar's Emir Tamim Hamad al-Thani co-chaired the closed-door meeting.The 10% sale of shares of Turkey's stock exchange Borsa Istanbul topped the list of agreements made during the day.Another agreement was inked to transfer shares of Istanbul's Istinye Park, a luxury shopping mall.A memorandum of understanding (MoU) was signed for joint investment in the Made in Istanbul Golden Horn Project.The transfer and purchase of shares of the Middle East Antalya Port Operators from Turkey's Global Ports to Qatar's Terminals W.L.L. was also agreed upon.An MoU was signed for joint promotion activities between Turkey's Commerce Ministry and Qatar's Free Zone Administration.Another deal was reached on the establishment of a joint trade commission between the two countries.Several MoUs were also signed for water administration, improved economic and monetary cooperation, and family and social services.A statement of intent was signed for an exchange program for diplomats of both countries.Turkish Foreign Minister Mevlut Cavusoglu  and his Qatari counterpart Mohammed bin Abdulrahman Al Thani also signed the joint statement of the 6th iteration of the meeting.The meeting was also attended by Turkish National Defense Minister Hulusi Akar,