Saudi Arabia- Turkey commercial exchange up by 20%

The volume of commercial exchange between Saudi Arabia and Turkey has exceeded US$8 billion by the end of last year with an annual increase of 20%, and citing that Saudi Arabia is a very important economic partner for the Republic of Turkey and one of its top eight business partners in the world, according to the Embassy of Turkey in Riyadh.

Mr. Sadri Altinock, the Plenipotentiary Minister at  the Embassy of Turkey in Riyadh, unveiled his country’s desire to boost Turkish investments in the Kingdom in all fields, indicating the rise in Saudi non-oil products to Turkey during the period 2009 to 2013 three times by a rate of US$2.2 billion with Turkish exports to the Kingdom have doubling to US$3.7 billion.