Turkish business groups call on Saudi to resolve trade problems

Over half a dozen leading Turkish business groups on Saturday urged Saudi Arabia to take action in improving trade relations amid ongoing problems facing the companies in doing business with the Gulf nation.

The call by eight business groups, including the Turkish Industry and Business Association (TÜSİAD) and the Foreign Economic Relations Board of Turkey (DEIK), coincides with an over year long informal boycott by Saudi Arabia of imports 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," the business groups said in a joint statement published on the Union of Chambers and Commodity Exchanges of Turkey (TOBB) website.

Earlier this week  the head of Saudi Arabia’s Chamber of Commerce, Ajlan Al Ajlan, urged the Kingdom’s citizens to "boycott everything Turkish," effectively reinforcing the country’s unofficial boycott on Turkish products, including textiles and perishable food, since last year.

Diplomatic relations between Ankara and Riyadh remain fraught after a political crisis between the two countries erupted over the murder of dissident Saudi journalist Jamal Khashoggi in Istanbul in 2018.

"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," the groups said.

https://www.tobb.org.tr/Sayfalar/Detay.php?rid=25990&lst=MansetListesi