Türkiye made a significant visit to Kuwait, Qatar, and Oman with the aim of strengthening economic cooperation with Gulf countries. Following the meetings, a trade target of $5 billion was set for each country in the coming period. This step stands out as part of Türkiye’s strategy to boost trade with the Gulf region and diversify its industrial exports.
As negotiations for a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC) countries near completion, the implementation of the deal is expected to usher in a new era in the trade of goods and services, investments, and digital commerce. In 2024, Türkiye’s trade volume with GCC countries reached $27.7 billion.
Within the frameworks of Kuwait Vision 2035, Qatar Vision 2030, and Oman Vision 2040, cooperation in infrastructure and industry is set to expand. Turkish contractors have so far undertaken 315 projects worth $37.5 billion in these three countries and plan to participate in more projects. With 290 weekly flights between Türkiye and Kuwait, Qatar, and Oman, business communities are expected to engage more frequently, facilitating faster trade and stronger partnerships.
Developments in the industrial sector are also noteworthy. In the first nine months of 2025, Türkiye’s industrial exports increased by around 6% compared with the same period last year, constituting a significant share of total exports. Export opportunities to the Gulf market are particularly strong in automotive, construction materials, textiles, and food products.
This initiative by Türkiye aims not only to expand export volumes but also to strengthen regional economic integration and develop long-term industrial partnerships. In the coming period, free trade agreements and sectoral cooperation are expected to boost the share of Turkish industrial products in Gulf markets.
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