Saudi Arabia buying drone from Turkey as President Erdogan visits nation
[ad_1]
Will also go to Qatar and UAE
The Turkish leader arrived in Saudi Arabia on Monday as part of a three-day Gulf tour to strengthen ties. He was received by several high-ranking Saudi officials, including Foreign Minister Prince Faisal bin Farhan Al Saud, Xinhua news agency reported. Before leaving Istanbul during the day, Erdogan told a news conference that the main agenda of his visit to the Gulf countries is about investment and financing. The President is accompanied by members of his cabinet and officials. After Saudi Arabia, Erdogan will visit Qatar and United Arab Emirates. ,
biker got contract
Saudi state news agency SPA reported that Erdogan and Saudi Crown Prince Mohammed bin Salman signed a deal between Turkish defense firm Baykar and the Saudi Defense Ministry. Defense Minister Prince Khalid bin Salman Al Saud said in a tweet on Tuesday, “Saudi Arabia will acquire drones from the country with the aim of increasing the preparedness of the armed forces and increasing its defense and manufacturing capabilities.” SPA did not give details about the value of the deal.
tour in difficult circumstances
Erdogan’s visit is taking place when Türkiye is troubled by expensive fuel. The country’s Finance Minister Mehmet Simsek has said it is necessary to restore fiscal discipline and bring down inflation. The annual inflation rate was 38 per cent last month, down from the October 2022 peak of 85 per cent. Turkey’s current account deficit has reached a record level of $37.7 billion in the first five months this year. Erdogan hopes the oil and gas-rich Gulf countries will help bridge the gap.
[ad_2]
Source link
