The Türkiye Exporters Assembly, in coordination with the Turkish Ministry of Commerce, is organizing a Saudi-Turkish trade summit scheduled to take place on October 8-12.
The summit will feature the participation of 70 members from Saudi Arabia’s Riyadh Chamber of Commerce.
Deputy Chairman of the Assembly Ahmet Gulec has invited Turkish exporters to actively engage in this trade summit.
He highlighted that a delegation from the Assembly, representing 43 companies operating in various sectors such as food, non-ferrous metals, textiles, ready-made garments, chemicals, and furniture, had accompanied Turkish Minister of Commerce, Omer Bolat, during his visit to Riyadh in July 2022.
Bolat held meetings with 150 Saudi businessmen during his visit.
He also met with the Kingdom’s Commerce Minister Majid Al-Qasabi, Investment Minister Khalid Al-Falih, Municipal and Rural Affairs and Housing Minister Majid Al-Hogail, and Industry and Mineral Wealth Minister Bandar AlKhorayef.
During a visit to Türkiye last month, Al-Hogail met with Bolat and held several other meetings with Turkish ministers and officials.
The Assembly, in collaboration with the Ministry of Commerce, arranged visits to four different trade bodies in Riyadh, Al-Hogail said.
A delegation of Turkish businessmen had visited Riyadh on September 11-14, holding meetings with Saudi officials with the aim of enhancing bilateral trade. Multiple cooperation agreements were signed between the two parties.
In a statement on Saturday, the Assembly disclosed a fourfold increase in Turkish exports to Saudi Arabia in the past eight months compared to the same period last year, reaching a total of $1.6 billion.