12/1/2020

Turkey-Qatar Further Boost Ties As They Ink Multiple Deals

​​Turkey and Qatar partnered up on a wide range of occasions at the sixth meeting of the Turkey-Qatar Supreme Strategic Committee jointly chaired by President Recep Tayyip Erdoğan and his Qatari counterpart Sheikh Tamim bin Hamad al-Thani at the Presidential Complex in Ankara in late November.​

During the meeting, the two countries inked a number of new agreements, including:

  • Sales of a 42 percent stake at Istanbul's IstinyePark, one of the top luxury shopping malls in Turkey, to Qatar Holding LLC.

  • An MoU for a potential joint investment in the “Made in Istanbul Golden Horn Project", a waterway project to connect the Bosphorus and the Sea of Marmara.

  • Sales of a 10 percent stake at Borsa Istanbul to the Qatar Investment Authority (QIA).

  • Sales of Port Akdeniz in the Mediterranean province of Antalya to QTerminals, a Qatari commercial port operating company.

  • An MoU for joint promotion activities between Turkey's Ministry of Trade and the Qatar Free Zone Authority (QFZA).

  • Joint declaration on the establishment of a trade commission between Turkey's Ministry of Trade and Qatar's Ministry of Commerce and Industry.

  • An MoU for teaming on water management.

  • An MoU on enhanced economic and financial cooperation between Turkey's Ministry of Finance and Treasury and Qatar's Ministry of Finance.

  • An MoU on cooperation between Turkey and Qatar in areas relating to family, women, and social services.

  • An MoU on the exchange of diplomats between the Diplomacy Academy of Turkey's Ministry of Foreign Affairs and the Diplomatic Institute of Qatar's Ministry of Foreign Affairs.

Turkey; Qatar; Recep Tayyip Erdoğan; MoU; stake; investment; cooperation