HEADİNG TURKEY

Erdogan urges Kuwaiti investment in Turkey

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Turkish president says Kuwaiti investment worth $2 billion is 'far below target'.

Turkish President Recep Tayyip Erdogan on Tuesday urged Kuwaiti investment in Turkey saying: “No foreign investor has ever been disappointed or regretted the investments he made in Turkey.”

During a two-day trip to the Gulf state, Erdogan added: “Kuwaiti businessmen’s investment in Turkey is worth just under $2 billion. It is far below target.”

He told Kuwaiti business leaders at a breakfast meeting that the two countries aim to increase trade volume from $569 million this year to $1 billion in 2016.

Following a meeting with Emir Sabah Al-Ahmad Al-Jaber Al-Sabah, Erdogan described the relationship between the two states. “Kuwait is Turkey’s window to the Gulf and Turkey is Kuwait’s window to Central Asia and Europe,” he said.

The two leaders also discussed conflicts in Yemen, Syria, Iraq, Libya and Palestine.

Erdogan highlighted the importance of stability in Yemen and called for political intervention, a Turkish Foreign Ministry source said.

 Neydek
Times of Turkey

Times of Turkey

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