Trade Minister Ömer Bolat met with Saudi Trade Minister Majid Al-Kassabi in Milwaukee, United States. The meeting was held as part of the G20 trade ministers' meeting.
Bolat said the meeting addressed opportunities to increase trade between Türkiye and Saudi Arabia, as well as shared objectives in this area. The parties expressed their satisfaction with the progress made in negotiations for a free trade agreement between Türkiye and the Gulf Cooperation Council.

Trade target set at $30 billion
The meeting also addressed steps that could be taken to deepen bilateral and regional trade relations and advance cooperation in contracting services, the halal sector and transit trade.

Bolat said efforts would continue to raise trade volume with Saudi Arabia to $10 billion in the short term and $30 billion in the long term.
Trade volume between the two countries stood at $8.6 billion in 2025. The figure reached $6 billion in the first eight months of 2026.