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UAE to ramp up trade with Turkey: minister

UAE to ramp up trade with Turkey: minister
The UAE is hoping to double or triple its volume of trade with Turkey, according to its trade minister, as once strained ties improve.
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Trade minister Thani Al-Zeyoudi said the UAE was "betting on Turkey" [Getty]

The United Arab Emirates is "betting on Turkey" by seeking to boost bilateral trade, the Gulf nation's trade minister said, in the latest

The UAE hopes to double or triple trade volumes with Turkey, which it sees as thanks to its logistical network, Minister of State for Foreign Trade Thani al-Zeyoudi told Bloomberg in an interview published on Thursday.

The Emirates are "betting on Turkey as a country which is going to open up for us new markets through their logistics and through their supply chain", Zeyoudi said.

The comments come after Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed , during the UAE's first high-level visit there since 2012.

Relations between the two countries were heavily strained after by Arab nations including the UAE that lasted from mid-2017 to early last year. Doha is one of Ankara's closest allies.

The UAE and Turkey backed opposing sides in the Libyan conflict, where a fragile ceasefire has been in place since October 2020.

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