DJIBOUTI-TURKEY BUSINESS FORUM TOOK PLACE IN DJIBOUTI
"Djibouti-Turkey Business Forum" took place on 29th of December in Djibouti's capital under the leadership of Ministry of Economy of Turkish Republic partnering with DEİK, TIM and Chamber of Commerce of Djibouti. President of Djibouti Abdoulkader Kamil, Minister of Economy of Turkish Republic Nihat Zeybekci, Minister of Investment of Djibouti Ali Guelleh Aboubakar, Vice President at Justice and Development Party who is also in charge of Foreign Relations and Legal Affairs Mehdi Eker, President of TIM and DEİK Vice President Mehmet Büyükekşi and President of Chamber of Commerce of Djibouti Youssouf Moussa Dawaleh attended the Business Forum along with 250 participants where business and investment plans were discussed. Minister of Economy of Djibouti Ilyas Moussa Dawaleh made a presentation regarding Turkey's Exclusive Economic Zone in Djibouti.
DuringPrime Minister Cibuti Abdoulkader Kamil's opening speech in Djibouti-Turkey Business Forum, he highlighted the economic, political and commercial collaboration between Turkey and Djibouti is growing everyday and both parties are keen to develop legal framework to increase business and investment.
Minister of Economy of Turkish Republic Nihat Zeybekçiemphasized the Djibouti visit with a team of MPs, bureaucrats and representatives from Turkish business world will play a key role to reach targets of 2030. Minister presented his gratitude to Djibouti and to its people for their support to Turkey after failed coup of 15th of July. He emphasized that in the upcoming period Africa will be global economy's growth engine and Djibouti holds great significance in Turkey's Africa Expansion plan. Turkey already exists in Africa yet under the win-win principle Turkey will continue to expand its existence in Africa. He called out to Turkish businessmen for greater investments in Africa.
Minister of Investment of Djibouti Ali Guelleh Aboubakar highlighted that Djibouti-Turkey Business Forum is a great enabler to gather representatives from different sectors thus to expand business between two countries. Minister remarked that foreign direct investment is growing and that Djibouti's annual growth target is around 7-8%.
Vice President at Justice and Development Party(AKP)who is also in charge of Foreign Relations and Legal Affairs Mehdi Eker, announced bilateral trade and investments will continue to flourish via major projects. Djibouti's geopolitical significance is crowned with country's potential in agriculture, fishery, transportation and urbanization sectors and Turkey is ready to materialize huge potential.
TIM's President and Vice President of DEİK Mehmet Büyükekşi, asserted that Turkish business world is aware of Africa's potential and that 2023's targets are parallel with Africa's goals. Djibouti is the Mid-Africa's gateway to world yet trade volume between Turkey and Djibouti is still below potential.