Gulf Cooperation Council and Turkey Kick Off FTA Talks

The Gulf Cooperation Council (GCC) and Turkey will commence the first round of Free Trade Agreement (FTA) negotiations from July 29-31 in Ankara. The talks will involve the participation of nine Saudi governmental entities, as reported by the Saudi state news agency SPA.

The Gulf Cooperation Council (GCC) and Turkey are set to begin the first round of negotiations for a Free Trade Agreement (FTA) in Ankara from July 29 to 31. The talks will include representatives from nine Saudi governmental bodies, according to Saudi state news agency SPA.

This significant diplomatic engagement aims to bolster economic ties between the GCC states and Turkey. If successful, the FTA is expected to enhance trade, investment, and economic cooperation across various sectors.

The involvement of multiple Saudi governmental entities underscores the importance and anticipated impact of these negotiations for the region's economic future.

(With inputs from agencies.)