Recalibrating Türkiye-Gulf relations
As a reaction to certain regional and global developments, a large-scale normalization process was initiated in the Middle East at the beginning of 2020. As part of this normalization, Türkiye and the Gulf states normalized their relations three years ago to increase their autonomy and effectiveness in international politics.
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As a reaction to certain regional and global developments, a large-scale normalization process was initiated in the Middle East at the beginning of 2020. As part of this normalization, Türkiye and the Gulf states normalized their relations three years ago to increase their autonomy and effectiveness in international politics.
President Recep Tayyip Erdoğan’s latest visit to three Gulf states, namely Saudi Arabia, the United Arab Emirates (UAE) and Qatar between July 17 and July 19 was also held within this context. Erdoğan’s visit will have significant impacts on bilateral relations, regional politics and global developments. Therefore, it will be remembered as an indication of a new period in Turkish-Gulf relations. In this piece, I will briefly analyze the importance of the visit at three different levels.
At the bilateral level, Erdoğan’s visit will have a serious impact on the bilateral ties of the parties. The level of bilateral relations has reached the pre-Arab Spring level and has gone beyond it. The trade volume between Türkiye and the Gulf states has set new records and will further increase and diversify after the signing of many agreements.
Also, bilateral relations will gain new dimensions besides bilateral trade. On the one hand, the economic actors in the Gulf will increase investments in Türkiye; and on the other hand, Turkish economic actors will take advantage of new opportunities in the Gulf. For example, Baykar, one of the leading Turkish firms in the defense industry and a prominent drone manufacturer at the global level, has signed an agreement with its Saudi counterparts. This agreement was announced as the largest agreement in the history of Türkiye. Similarly, Türkiye and the UAE have signed financial and economic agreements worth approximately $51 billion (TL 1.37 trillion).
Thus, Türkiye will be able to reach new export markets that will contribute to the further growth of its increasingly diversified economy. On the other hand, the Gulf states will be able to reduce their dependence on Western states, especially for defense industry products.
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