UAE-Turkey trade up to Dh33.3 billion

Image Credit: Asghar Khan/Gulf News Archive

An aerial view of the Jebel Ali Port DP world (JAFZA).

Abu Dhabi: Trade between the UAE and Turkey amounted to Dh33.3 billion ($9.1 billion) in the first eight months of 2012, which was three times the UAE’s exports to Turkey in 2011, said Shaikha Lubna Al Qasimi, minister of foreign trade at the Abu Dhabi–Turkey Business Forum in Abu Dhabi.

Al Qasimi said that the UAE economy is expected to grow by 4 per cent this year compared to 3 per cent in 2012 and this will contribute to the success economic and trade plans with Turkey.

Al Qasimi pointed out that the UAE has started to focus in its investments on countries in Africa and central Asia, whose economies are booming.

Khalfan Al Kaabi, First Vice Chairman of Abu Dhabi Chamber of Commerce and Industry, called on enhancing economic and trade relations between the companies and establishments in the emirate of Abu Dhabi with their Turkish counterparts.

via UAE-Turkey trade up to Dh33.3 billion | GulfNews.com.