Erdogan: We aim to trade trade worth $50 billion with the UAE

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Turkish President Recep Tayyip Erdogan stated that the volume of trade between his country and the UAE exceeded $20 billion, indicating that the goal is to exceed $50 billion.

This came during his meeting on Tuesday with representatives of international investment companies and companies owned by princely families in Dubai, according to a statement by the Communications Department of the Turkish Presidency.

During the meeting, Erdogan mentioned that about 600 companies with Emirati capital are currently operating in Turkey, and that the volume of trade exchange between the two countries has exceeded the level of 20 billion dollars.

Erdogan called on Emirati companies to invest in Turkey, pointing out that the goal in the coming period is to exceed the level of $50 billion in trade exchange.​​​​​​

At dawn on Tuesday, Turkish President Recep Tayyip Erdogan arrived in the United Arab Emirates on an official visit.

Erdogan was received at Dubai International Airport by UAE Minister of Economy Abdullah bin Touq Al Marri, Turkish Ambassador to Abu Dhabi Turgay Tuncer, Turkish Consul in Dubai Onur Çaylan and others concerned.

Erdogan is accompanied on his visit by Foreign Minister Hakan Fidan, Energy and Natural Resources Minister Alp Arslan Bayraktar, and Treasury and Finance Minister Mehmet Simsek.

In addition to the Minister of Defense, Yaşar Guler, Health, Fahrettin Koca, Industry and Technology, Mehmet Fatih Kaçer, and Trade, Omar Polat.