Saudi Arabia and Turkey discuss trade opportunities
Investment opportunities in Saudi Arabia and Turkey, and potential areas for further expanding bilateral trade were highlighted at a Saudi-Turkish businessmen’s meeting at the Jeddah Chamber of Commerce & Industry Sunday. According to the Arab News, the event that was attended by a 50-member Turkish business delegation from the Istanbul Chamber of Commerce (ICC).
The trade volume between the two states amounted to $2.59 billion in 2005 (until November). Saudi exports to Turkey hit $1.75 billion, while its imports from Turkey reached $840 million.