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Qatar to make direct investment of $15bn in Turkey

Turkish President Recep Tayyip Erdogan (R) and Emir of Qatar Sheikh Tamim bin Hamad Al Thani
Turkish President Recep Tayyip Erdogan (R) and Emir of Qatar Sheikh Tamim bin Hamad Al Thani

Qatar will make $15 billion of direct investment in Turkey, Qatar’s leader said on a visit to Ankara on Wednesday, said Turkey’s presidential spokesman.

“Qatar has pledged $15 billion of direct investments in Turkey,” tweeted Ibrahim Kalin after President Recep Tayyip Erdogan met with Sheikh Tamim bin Hamad al-Thani, Qatar’s emir, in the capital Ankara.

“Turkish-Qatari relations are based on solid foundations of true friendship and solidarity,” Kalin added.

According to the Turkish presidential press office, Erdogan and al-Thani also exchanged views on bilateral relations and regional developments during their three-hour meeting.

Read: Erdogan says Turkey will boycott US electronics, lira steadies

In an interview Wednesday with Anadolu Agency, Qatar’s Ambassador to Turkey Salem bin Mubarak Al-Shafi said: “The state of Qatar is always proactive in supporting its Turkish brothers.”

Al-Thani’s visit, the diplomat said, “will serve to confirm the close links between the Qatari and Turkish people and their common positions vis-à-vis the many challenges they face.”

He added: “Our strong relations with the Republic of Turkey enjoy a special status among our people.”

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Europe & RussiaMiddle EastNewsQatarTurkey