skip to Main Content
Ports Included In Range Of Turkey-Qatar Agreements

Ports included in range of Turkey-Qatar agreements

Source: Global Ports Holding
Istanbul, Turkey (PortSEurope) November 30, 2020 – Turkey and Qatar have signed 10 new deals at a joint meeting held at the presidential complex in Ankara. The deals include: 10% sale of shares of Turkey’s stock exchange Borsa Istanbul topped the list of agreements made during the day.The transfer and purchase of shares of the Middle East Antalya Port Operators from Turkey’s Global Ports to Qatar’s TerminalsA memorandum of
understanding (MoU) was signed for joint investment in the Made in Istanbul Golden Horn Project.To transfer shares of Istanbul’s Istinye Park, a luxury shopping mall.An MoU was signed for joint promotion activities between Turkey’s Commerce Ministry and Qatar’s Free Zone Administration.A 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. ‘Deep-rooted ties’ “During the meetings, Turkey and Qatar reaffirmed that the two sides are determined and willing to enhance the strong brotherhood ties and strategic partnership ties in various fields,” Qatar’s Shura Council also said in a statement. 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 trade volume between the two countries increased by 6% in 2020 to reach $1.6 billion. Qatar’s investments in Turkey reached $22 billion, according to data provided by Turkey’s Doha Embassy. Copyright (C) PortSEurope. All Rights Reserved. 2020.

To continue reading please subscribe or log in.

PortSEurope offers an English-language daily coverage from over 200 ports in the Mediterranean, Black and Caspian Seas as well as a fully indexed and easily searchable database with more than 15,000 articles.

Subscribe now
Back To Top