BUSINESS | Turkish Business Groups Call For Saudi Action To Resolve Trade Problems

ISTAMBUL – Turkey’s leading business group urged Saudi Arabia on Saturday to take action to improve trade relations as Turkish firms encounter growing problems in doing business with the Gulf Arab state.

Saudi Arabia and Turkey have been at odds for some years over foreign policy and attitudes towards Islamist political groups.

For more than a year, some Saudi and Turkish traders have speculated that Saudi Arabia was enforcing an informal boycott of imports from Turkey.

‘Any official or unofficial initiative to block trade between the two countries will have negative repercussions on our trade relations and be detrimental to the economies of both countries’, eight Turkish business groups, including textile exporters and contractors, said in a statement on Saturday.

Saudi Arabia’s government media had said authorities have not placed any restrictions on Turkish goods.

Last week, however, Ajlan al-Ajlan, the head of Saudi Arabia’s non – governmental Chambers of Commerce, called for a boycott of Turkish products in response to what he called continued hostility from Turkey.

‘We deeply regret the discriminatory treatment that our companies face in Saudi Arabia… We expect Saudi authorities to take concrete initiatives to resolve the problems’, said the business groups, which included the Foreign Economic Relations Board, exporters’ assembly TIM and the chambers and commodity exchanges union (TOBB).

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Saudi Arabia Advises Citizens Not To Travel To Lebanon – Ministry

PARIS, France – Saudi Arabia has advised its citizens not to travel to Lebanon in light of the latest security events, the foreign ministry wrote on Twitter on Sunday. Lebanon remains on  a Saudi travel list where obtaining prior permission to visit is required. On Thursday, seven people were killed in violence in Beirut  as crowd … More Saudi Arabia Advises Citizens Not To Travel To Lebanon – Ministry

Saudi Arabia’s Crown Prince Launches Strategic Offices For Al – Baha, Al – Jouf, Jazan

JEDDAH, Saudi Arabia – Saudi Arabia’s Crown Prince Mohammed bin Salman announced on Sunday the launch of the strategic offices for the development of al – Baha, al – Jouf, and Jazan regions. According to the Saudi Press Agency (SPA), these offices aim to capitalize on the unique competitive advantages each of the three regions … More Saudi Arabia’s Crown Prince Launches Strategic Offices For Al – Baha, Al – Jouf, Jazan


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