"Erdogan" raise trade with Saudi Arabia to 300%

20. january. 2010
Alhayah

Turkish Prime Minister  "Tayyip Erdogan"  Recep about upset to twice the size of investment and trade between Turkey & Saudi Arabia, as not up to the level of relations between the two countries. Erdogan said during talks with Saudi businessmen in Riyadh yesterday, that he turn to (raise the trade with saudi from 5 billion dollar currently to 20 billion on stages), stressing that this step is not anecdotal or wishes, but acts on the ground, including establishment of company to attract investments, and I will facilitate and support any project there.

Turkish Prime Minister noted that the global economy passing through a sensitive stage at this time, "but this did not affect the investment in Turkey, as it attracted at this time many investments", saying his country is in 14 countries in the world which economically evaluating has been increased in financial crisis period in field of   loans evaluation.

He said:""the world economy during the last year decreased by 1.3 percent",expect in this year in the global economy to be rised by 10 percent, with expected improvements for business and investment.

He added "former growth rates to achieve requires support one another of countries with each other, and the State cannot alone to grow and face crises, a good guide to what happened in Dubai that it can't face the consequences of the global financial crisis, therefore suffered greatly, and raised this crisis in its economy, & its future growth will affect".

He stressed that despite the financial crisis that the world suffered during the last year, Turkey due to investment facilitate to attract investment to more than 18 billion dollar.