Treasury and Finance Minister Mehmet Şimşek hailed on Thursday productive bilateral conferences with officers in Saudi Arabia throughout his current go to to Gulf states.
“We enjoyed attending the 7th Future Investment Initiative (#FII7) in Riyadh themed “The New Compass,” Şimşek stated on X, previously Twitter.
“I would like to congratulate the Kingdom of Saudi Arabia for the outstanding organization and warm hospitality. The event was a resounding success,” he added.
“We had productive bilateral meetings, including one with my dear friend His Excellency Mohammed Al-Jadaan (Minister of Finance) and His Excellency Khalid El-Falih (Minister of Investment). We also had numerous interactions with corporate leaders and bankers from around the world,” he famous.
Şimşek marked Saudi Arabia because the final cease of his second Gulf tour after the May elections to draw overseas capital geared toward bolstering the nation’s coverage shift.
He visited the United Arab Emirates (UAE) and Qatar earlier than arriving in Riyadh.
The new financial administration named after the May elections has been actively partaking with traders, presenting the brand new financial program unveiled early in September, focusing on sustainable development.
Şimşek additionally held a collection of discussions in key financial hubs just like the U.S., U.Okay., Germany and France and carried out quite a few vital conferences on the International Monetary Fund (IMF) and World Bank annual gatherings in Morocco earlier this month.
“We have witnessed a sincere desire and effort further to enhance trade and investments between Türkiye and Saudi Arabia,” Şimşek stated.
“Furthermore, we were pleased to come across the intention to engage and welcome Turkish contractors, who have successfully completed $486 billion worth of projects in 135 countries over the past 50 years,” the minister underscored.
“Undoubtedly, Türkiye’s wealth of experience in the tourism sector (the 4th top destination in the world) should be tapped to help the brotherly Kingdom achieve its ambitious tourism goals,” he additional famous, referring to Saudi Arabia’s complete 2030 imaginative and prescient.
Earlier on Wednesday, the minister knowledgeable the 2 international locations had signed the “Memorandum of Understanding on Cooperation in the Fiscal Field,” which covers local weather change associated to fiscal insurance policies, public-private partnerships, nationwide fiscal insurance policies, strengthening bilateral relations and bettering worldwide coordination and cooperation.
The financial administration is planning an East Asia go to earlier than the 12 months concludes.
Source: www.dailysabah.com