Turkey, United Arab Emirates sign trade agreement, set to ‘open more doors’

  • Date: 03-Mar-2023
  • Source: Arab Weekly
  • Sector:Real Estate
  • Country:UAE
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Turkey, United Arab Emirates sign trade agreement, set to ‘open more doors’

ABU DHABI/ISTANBUL-

The United Arab Emirates and Turkey signed an agreement in Abu Dhabi on Friday which aims to increase trade between the two countries to $40 billion within the next five years, according to UAE projections.

Speaking in Istanbul ahead of a press conference in Abu Dhabi, Turkish President Recep Tayyip Erdogan, said the Comprehensive Economic Partnership Agreement (CEPA) will take economic and trade relations between the two countries to a new phase.