
Gulf News reported that trade between the UAE and Turkey is expected to more than double by 2015.
Representatives of both governments said that trade is expected to increase from the current AED 16.1 billion to about AED 36.7 billion within 3 years with Turkey playing a major role in the UAE's push to expand non oil trade.
Mr Mohammad Omar Abdullah undersecretary in the Department of Economic Development praised opportunities in Turkey which he said was one of the world's most dynamic markets with a competitive workforce and ranked 16th among the world's large economies.
He said that the vision of the Abu Dhabi Government is to develop the share of non-oil industries in the emirate's GDP by increasing it by 6% to 7% to 64% by 2030. It is now mature and suitable for both countries to move forward with their strategic partnerships.
Mr Mohammad Al Muhairi DG of the Abu Dhabi Chamber of Commerce and Industry said that there are 30 Turkish companies in Abu Dhabi and 13 UAE companies operating in Turkey.
Mr Bullent Kushnaz VP of the Union of Chambers of Commerce and Commodities in Turkey said that Turkey is studying the Abu Dhabi 2030 Vision. We are giving due consideration to the 2030 Vision of Abu Dhabi which has potential investment of USD 200 billion to carry out this vision. We like to be part of these projects, and to benefit the UAE from our own experiences in the field of construction and infrastructure.
(Sourced from gulfnews.com)










