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Turkey-Saudi Arabia Relations

Turkey-Saudi Arabia relations, acting on the common ground of safeguarding peace and stability in the region, improve significantly in every field on the principle of mutual benefit. Saudi Arabia is one of the main actors in economic domain in Middle East.

Aiming at contributing to the preservation of regional and global peace and security, Turkish and Saudi foreign policy perspectives mutually support each other and create synergy. Mutual high level visits between two countries and the “High Level Strategic Dialogue Mechanism” which was established between Turkey and the GCC in 2008 have become the driving forces for our activities towards the region.

After the global economic crisis in 2009, Turkey-Saudi Arabia bilateral trade volume has been in recovery tendency. Trade volume between two countries reached 4.66 billion USD in 2010. The number of Turkish companies, mainly in contracting sector, which undertake huge projects in Saudi Arabia is increasing continuously. Similarly, there is a growing interest in Saudi business circles to Turkey. Saudi tourists visiting Turkey significantly increase every year since 2005. The recorded number of 84.000 Saudi tourists in 2010 is expected to rise considerably in 2011.