Türkiye is among the many most efficient nations, performs a big function within the international provide chain, and has all the time been engaging for worldwide buyers and multinational manufacturers, the pinnacle of the Union of Arab Banks stated Thursday.
Speaking on the two-day International Arab Banking Summit in Istanbul, Mohammed Mahmoud El-Etreby stated Türkiye and Arab international locations have the potential to make joint investments in third international locations.
El-Etreby, who’s the chairperson of Egypt’s Banque Misr, stated bilateral commerce quantity between Türkiye and the Arab world was $256 billion final 12 months, including that there’s a want for cooperation between the Turkish and Arabic world’s banking sectors.
The Union of Arab Banks attaches nice significance to the event of those bilateral relations, he stated and in addition pointed to the significance of the Development Road Project between Türkiye, Iraq and Qatar.
Cooperation and relations between Türkiye and Arab international locations ought to be stronger to appreciate integration within the industrial sector, he added. The occasion will conclude on Friday.
Source: www.dailysabah.com