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Bolat and Guinea’s minister discuss steps toward $500 million trade goal
Trade Minister Ömer Bolat met with Guinea’s Minister of Industry and Trade Aboubacar Kourouma on the sidelines of the 42nd Ministerial Meeting of the COMCEC in Istanbul. The meeting addressed the $500 million trade volume target set by President Recep Tayyip Erdoğan and the challenges faced by Turkish investors.
Trade Minister Ömer Bolat met with Guinea’s Minister of Industry and Trade Aboubacar Kourouma on the sidelines of the 42nd Ministerial Meeting of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC). Türkiye’s Embassy in Conakry announced the meeting under the heading “New steps in Türkiye-Guinea economic and trade cooperation.”
Bolat said they assessed possible steps toward reaching the $500 million trade volume target set by President Recep Tayyip Erdoğan during what he described as a productive meeting.
Contact points designated to address investors’ challenges
The meeting underscored the importance of growing Turkish investments in Guinea’s energy and infrastructure sectors in recent years and focused on projects that Turkish businesspeople could undertake במסגרת the Simandou 2040 Program. Bolat said contact points had been designated to ensure the rapid resolution of problems faced by Turkish investors.
The parties also agreed to establish the necessary contacts to develop cooperation in standards and among small and medium-sized enterprises, as well as to create a platform between the ministries of the two countries for trade- and investment-focused efforts. Bolat said they would continue their work in the coming period with the same approach.
The 42nd Ministerial Meeting of the COMCEC is being held in Istanbul from October 31 to November 3.
Photos: Republic of Türkiye Ministry of Trade
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