Politics & News

Saudi Deputy Foreign Min. Meets Turkey Ambassador in Riyadh

Today, Saudi Deputy Minister of Foreign Affairs, Engineer Walid bin Abdulkarim Al-Khereiji, met the Ambassador of of Turkey to the Kingdom, Fatih Ulusoy in Riyadh.

During the meeting, Deputy Foreign Minister appreciated good efforts made by the ambassador in strengthening cooperation relations between both countries, and he wished him continued success.

Saudi -Turkey Relations

Recently, in 2024, both countries mended ties. The global and regional changes have encouraged this rapprochement. As a result of economic needs, geopolitical shifts, both countries had no choice except figuring out means to empower cooperation.

This change is reflective of the dynamic nature of international relations where economic and strategic interests often pave the way for new alliances and partnerships.

Recent Developments

Both nations have strong incentives for normalizing relations. Turkey has mended ties with Saudi Arabia as a way to alleviate its deep economic troubles, including soaring inflation and a slumping lira.

The two countries have been implementing various economic reforms and initiatives to boost their economies and attract foreign investments. In addition, Turkey has also been implementing economic reforms to strengthen its economy and attract foreign investments.

Furthermore, Saudi Arabia and Turkey have also been investing in renewable energy projects. They made efforts to reduce their reliance on fossil fuels and promote sustainable development.

Saudi Arabia, in particular, has been investing heavily in solar energy projects as part of its goal to generate 50% of its electricity from renewable sources by 2030. The economic growth of both countries has also been supported by their strong bilateral trade relations.

Recently, Saudi and Turkey have been working together to strengthen their economic ties and increase bilateral trade. As a result, the two countries have signed various trade agreements and memorandums of understanding to promote economic cooperation and facilitate investments.

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