Union of Chambers and Commodity Exchanges of Turkey

Yavuz stated that they would provide all the support need to increase the Turkey – UAE trade to 10 billion Dollars by 2015 and that Turkey also wishes to take part in the 200 billion USD construction projects planned as part of Abu Dhabi’s “Year 2030 Vision”.

Speaking at the opening of the Forum, Faik Yavuz said, “We are people of a common culture. We should never have any disparity between our nations as we are members of a religion that has ‘grace and prosperity in unity, anguish in dissent’ as a guiding tenet,” emphasizing the need for cooperation.

- “UAE amazing the world”

Stating that the United Arab Emirates has many amazing enterprises which the world is following closely, Faik Yavuz said, “While the United Arab Emirates is the region’s financial giant, it is making the largest construction investments in the world on the other hand.”

Faik Yavuz stated that there are approximately 50 UAE capital companies operating in Turkey with a total investment of 5 billion Dollars in Turkey and that they want UAE entrepreneurs to take more advantage of the investment opportunities in Turkey.

- “Turkey is an industry giant”

TOBB Board Vice President Faik Yavuz, speaking at the Turkish-UAE Business Forum, said:
“Turkey, today, is the economy giant bridging the North to the South and the East to the West. Turkey has the largest production capacity between Italy and China. It is the world’s 17th and Europe’s 6th largest economy. It is an important market in project financing.

- Big potential for cooperation

There is a big potential for cooperation and partnership in the fields of energy, finances, construction, communication and the high technology industry.

We, as the Turkish business world, invite you to partake in the Turkish private sector’s dynamism and power to form productive partnerships in Turkey, the UAE or third countries.

We are prepared to work together in order to reach our bilateral collaborative goals. We expect the political will to support us, to lift visas, to drop customs taxes and to increase residency permits.”

- President Abdullah Gül

In his speech at the Turkish – UAE Business Forum, President Abdullah Gül stated that Turkey is one of the rare countries that present a low-risk, high-return situation and that instead of temporary cooperation and partnerships with the UAE, there should be large, strategic partnerships.

Stating that there are various avenues of investment possible in Turkey such as industry, agriculture, livestock, tourism and transportation, President Gül said that after the necessary analysis, perfect partners could be found.

Gül related that they, as administrators, have ensured a suitable investment environment and stated his gratitude for the attention given to Turkish companies in the UAE.

Pointing out that both Turkey and the UAE have big, globe-spanning companies, Gül stated that the time for partnership has come.

- Other speakers

Dubai Chamber of Commerce and Industry Board Member Abdurrahman Seyf stated that they wish to improve bilateral relations and that throughout the country, 282 Turkish companies have taken on projects amounting to 10.5 billion Drams.

Pointing out that among their trade partners, Turkey is ranked the 19th, Seyf stated that relations on both ends could be improved by discovering investment opportunities in different fields.