Erdogan urges Saudi businessmen to invest in Turkey

RIYADH - Turkish Prime Minister Recep Tayyip Erdogan called on Saudi businessmen to invest in his country during the first full day of a trip to the Middle Eastern oil giant.
Erdogan urged Saudis to "take advantage of the investment environment provided by the Turkish government for foreign investment in all fields, in particular agriculture."

Turkish Prime Minister Recep Tayyip Erdogan
Turkish Prime Minister Recep Tayyip Erdogan
The official SPA news agency said he pledged to boost bilateral trade, which reached nearly five billion dollars in 2008 but reportedly slowed last year, at a meeting of the Riyadh Chamber of Commerce.
The Turkish leader is on an official three-day visit with plans for talks with Saudi King Abdullah on bilateral and regional issues, including the Middle East peace process.
He also is due to travel to Jeddah on Wednesday to meet the Turkish head of the Organisation of the Islamic Conference.
Erdogan was recently honored by the Saudis with the King Faisal International Prize for Service to Islam.
He is accompanied by Foreign Minister Ahmet Davutoglu, State Minister Zafer Caglayan, Finance Minister Mehmet Simsek, Energy, Natural Resources Minister Taner Yildiz and other officials and businessmen.

Wednesday, January 20th 2010

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