Advancing Relations Through UAE Turkey High-Level Strategic Dialogue

UAEpedia
Published 3 weeks ago on 2 December, 2024-4 views
UAE-Turkey Ties

How are the UAE and Turkey changing their diplomatic scene? The UAE-Turkey High-Level Strategic Dialogue is a big deal. It shows a new way for these two big players to work together. Did you know trade between Turkey and the GCC countries went up by 40% in 2023? It reached a huge USD 31 billion.

The UAE-Turkey High-Level Strategic Dialogue is a big step in making their relationship stronger. It fits with Turkey’s efforts to connect with the Gulf. President Recep Tayyip Erdoğan’s visit to the Gulf shows how important this area is to Turkey.

Recently, President Erdoğan visited Gulf states. He made deals with leaders from Saudi Arabia, UAE, and Qatar. This shows Turkey wants help and investment because of global problems.

The UAE and Turkey’s talks are happening when things are changing in the region. Turkey is getting more visitors from the GCC, over 5 million. This shows how UAE and Turkey are getting closer through culture.

Historical Context and Evolution of UAE-Turkey Ties

The United Arab Emirates and Turkey have a long history together. They share culture and religion. The UAE Government has helped grow their friendship.

Foundation of Diplomatic Relations

The UAE and Turkey started talking in 1971. In November 2021, UAE President Mohammed bin Zayed Al Nahyan visited Turkey. This was a big step in their friendship.

Cultural and Religious Bonds

UAE and Turkey share Islamic traditions. This helps them understand and work together. It builds trust and helps them talk more.

Early Economic Partnerships

Turkey and the UAE started working together early on. Their trade has grown a lot. In 2022, it was $18.9 billion.

They want to make trade even bigger. They signed a deal to reach $40 billion.

Year Bilateral Trade Value Growth Rate
2021 $13.5 billion
2022 $18.9 billion 40%
Target $40 billion 111.6%

Their friendship is not just about money. The UAE supports Turkey’s defense by buying drones. They also work together on energy, using their good locations.

Strategic Initiatives and Collaborative Framework

The UAE and Turkey are working together in many areas. They want to grow their economies, improve security, and be more innovative.

Economic and Trade Cooperation

Trade between the UAE and Turkey has grown a lot. In 2023, it reached $31 billion, up 40% from before. They signed a big deal to increase trade even more.

This deal aims to make trade between them over $40 billion in five years. It shows they want to work together more.

Defense and Security Partnerships

The UAE and Turkey are teaming up on defense. They want to fight terrorism and make the region safer. This shows they trust each other and share common goals.

Investment Opportunities

There are many chances for investment between the UAE and Turkey. During a visit, they agreed on deals worth $50.7 billion. The UAE’s money and Turkey’s economy are a good mix for both sides.

The UAE and Turkey also made a deal to help trade and investment. This makes things easier for businesses.

Technology and Innovation Exchange

The UAE and Turkey are sharing knowledge in tech. They use their strengths to innovate. This helps them compete better in the world.

Infrastructure Development Projects

The UAE and Turkey are working on big projects together. One is a $17 billion road and rail project in Iraq. It’s 1,200 kilometers long and connects Turkey to the Gulf.

This project shows how much they can do together. It’s a big step in their partnership.

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