Many in the region are counting on the results of the “historic” visit of the Turkish president Recep Tayyip Erdoğan to Saudi Arabia. On the one hand, the Turkish economy needs a strong Saudi push, and on the other hand, Saudi Arabia no longer counts much on American support in confronting Iran.
Experts and analysts assert that the improvement of Saudi-Turkish relations will cast a shadow over many hot issues in the region.
For the first time since relations between the two countries were strained following the killing of Saudi journalist Jamal Khashoggi in Istanbul in 2018, Turkish President Recep Tayyip Erdogan is visiting Saudi Arabia in a move to seek support from the Kingdom for his country.
Turkey is seeking to revive its relations with Saudi Arabia due to the need to support its economy, and it was urgent to close a file that was poisoning its relationship with the Kingdom.
The visit will be followed by an increase in the volume of trade exchange, tourism, and transportation between the two countries. It is a very good gesture that will lead to results that will be announced quickly.
The Khashoggi case and Turkey’s supportive stance for Qatar in the Gulf crisis had repercussions on Turkish relations in a very negative way that was reflected in dealing with regional files, whether for Saudi Arabia or Turkey.
Turkey is facing an economic crisis due to the collapse of the value of the lira and strong inflation that has exceeded 60 percent in the past 12 months. According to the official Turkish Anatolia news agency, the Council of Saudi Chambers of Commerce expected the kingdom’s imports from Turkey to rise soon, in the latest sign of the steady improvement in relations between the two countries.
The Kingdom’s imports from Turkey rose by 2.8 percent during the first two months of 2022, according to data from the Saudi General Authority for Statistics.
This comes after the Kingdom’s imports from Turkey declined in 2021 by 62.3 percent, to 3.32 billion riyals ($886 million), compared to 8.82 billion riyals ($2.35 billion) in 2020.