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Turkey's Erdogan anticipates 'serious investments' from Gulf ahead of visit

Ahead of Turkish President Recep Tayyip Erdogan’s Gulf tour which will include Saudi Arabia, the UAE and Qatar, Ankara is working to maximize economic cooperation with regional states in a bid to ease its foreign currency crunch.
ADEM ALTAN/AFP via Getty Images

ANKARA — Speaking ahead of his Gulf tour on that starts on Monday, Turkish President Recep Tayyip Erdogan said that the Gulf countries were ready to seriously increase their investments in Turkey as the Turkish government intensifies efforts to ease its foreign currency crunch.

Erdogan is scheduled to visit Saudi Arabia, Qatar and the United Arab Emirates on a trip that starts out on Monday and concludes on Wednesday. 

On his way back to Turkey from NATO’s annual summit in the Lithuanian capital, Erdogan reiterated his hope to strengthen his country’s ties in all areas with Saudi Arabia, Qatar and the United Arab Emirates during his visit to the region next week. 

“During our visit, we will have the opportunity to personally follow up on the support these countries will provide to Turkey. They’ve already expressed that they were ready to make serious investments in Turkey during my previous contacts," he was quoted by the Turkish press as saying Thursday. 

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