Turkey's Erdogan Keen on Developing Economic Trade, Cooperation with Saudi Arabia

Saudi Crown Prince, Mohammed bin Salman meets Turkish President Recep Tayyip Erdogan upon his arrival in Jeddah, Saudi Arabia, April 28, 2022. (SPA)
Saudi Crown Prince, Mohammed bin Salman meets Turkish President Recep Tayyip Erdogan upon his arrival in Jeddah, Saudi Arabia, April 28, 2022. (SPA)
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Turkey's Erdogan Keen on Developing Economic Trade, Cooperation with Saudi Arabia

Saudi Crown Prince, Mohammed bin Salman meets Turkish President Recep Tayyip Erdogan upon his arrival in Jeddah, Saudi Arabia, April 28, 2022. (SPA)
Saudi Crown Prince, Mohammed bin Salman meets Turkish President Recep Tayyip Erdogan upon his arrival in Jeddah, Saudi Arabia, April 28, 2022. (SPA)

Turkish President Recep Tayyib Erdogan stated that his country and Saudi Arabia agreed to develop trade and economic cooperation.

Erdogan had paid a visit to the Kingdom on Thursday, his first in five years. He met with Custodian of the Two Holy Mosques King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.

In remarks to the press that was traveling with him, he described his two-day visit as "successful."

Erdogan said he conveyed to the Saudi leadership Turkish proposals in the defense industry and shifting it to production instead of consumption.

He stated that production could take place in Turkey or Saudi Arabia and even a third country.

"Turkey has the technology and Saudi Arabia has the capital," he remarked.

"We must move towards production and we hope the Islamic world will also be productive and open to new markets," he continued.

Moreover, Erdogan said talks in Saudi Arabia reviewed all aspects of bilateral relations with Turkey. He also exchanged views with officials on regional and international issues. They discussed the joint steps they can take to develop ties.

Erdogan reiterated Turkey's support to the security and stability of the Kingdom.

The stability of Turkey and the Arab Gulf are indivisible, he declared.

He told reporters that he discussed the importance of developing trade relations and overcoming customs obstacles. He stressed the need to boost investment and back new projects, adding that Turkey supports Saudi Arabia's bid to host Expo 2030

He expressed his confidence that his visit to the Kingdom would pave the way for a new chapter in relations between Riyadh and Ankara.

"We clearly voiced our joint desire to develop bilateral relations on the basis of mutual trust," he explained

"We are determined to forge ahead for the sake of our joint interests and the stability of the region," he remarked.

"We must embark on a new chapter with countries with whom we share similar ideas and beliefs. It is a period of making friends, not making enemies," he stated.



EU Gulf Envoy: Saudi Arabia Is a Crucial Global Player

Crown Prince Mohammed bin Salman receiving European Council President Charles Michel on Tuesday (SPA)
Crown Prince Mohammed bin Salman receiving European Council President Charles Michel on Tuesday (SPA)
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EU Gulf Envoy: Saudi Arabia Is a Crucial Global Player

Crown Prince Mohammed bin Salman receiving European Council President Charles Michel on Tuesday (SPA)
Crown Prince Mohammed bin Salman receiving European Council President Charles Michel on Tuesday (SPA)

Luigi Di Maio, the EU Special Representative for the Gulf region, told Asharq Al-Awsat that the recent visit by the President of the European Council to Saudi Arabia was to prepare for the upcoming EU-Gulf Cooperation Council (GCC) summit in Brussels on October 16.

This will be the first summit between the two regional organizations, with leaders from both sides attending, marking a significant step in their cooperation.

Di Maio stressed the importance of strong ties between leaders, noting that European Council President Charles Michel has been dedicated to strengthening these relations since his first visit to the Gulf two years ago, when he met with Saudi Crown Prince Mohammed bin Salman in Jeddah.

He added that since 2022, EU-Gulf relations have improved, with a focus on cooperation in areas like climate change, trade, investment, digitization, and sustainable supply chains.

Di Maio emphasized the need for ongoing dialogue to build mutual understanding and deepen these relations.

He highlighted Saudi Arabia’s key role in global affairs, especially in seeking solutions for the Gaza conflict, reducing tensions in the Middle East, and pursuing a just peace in Ukraine.

He stressed that closer cooperation between the EU and Saudi Arabia is essential in tackling these issues.

Di Maio praised Thursday’s preparatory meeting in Riyadh between GCC Secretary-General Jasem Al-Budaiwi and Michel, calling it “timely and constructive” for the upcoming summit.

He emphasized both sides’ commitment to making the summit a success, noting that it will “send a strong signal about elevating EU-Gulf relations to a strategic level.”

Di Maio outlined the key topics for discussion at the summit in Brussels, including climate action, the green transition, digital advancements, trade, investments, and visa exemptions.

He added that the summit will also address major geopolitical challenges, particularly in the Middle East and the ongoing conflict in Ukraine.