The goal is to increase the trade volume with Albania to 2 billion dollars
President Recep Tayyip Erdoğan and Albanian Prime Minister Edi Rama held a joint press conference after the “First Meeting of the Turkey-Albania High Level Cooperation Council” and the signing ceremony of the agreements between the two countries at the Presidential Complex.
Speaking at a joint press conference with Albanian Prime Minister Rama, President Recep Tayyip Erdoğan said, “With the signed agreements, we have further strengthened the contractual basis of our cooperation. We have increased our trade volume to the level of 1 billion dollars, and we have set our new target as 2 billion dollars.”
President Erdoğan stated that there is multifaceted cooperation between Turkey and Albania and reminded that they announced a strategic partnership with Rama in Ankara in 2021.
“WE HAVE INCREASED OUR TRADE VOLUME WITH ALBANIA TO 1 BILLION DOLLARS”
Stating that the cooperation has been further strengthened with the signed agreements, President Erdoğan said: “We have increased our trade volume to the level of 1 billion dollars and set our new target as 2 billion dollars. I believe that we will reach this figure in a short time with the efforts of our private sector. Turkey is among the top five foreign investors in Albania, with investments reaching $3.5 billion. More than 600 Turkish companies provide employment to more than 15 thousand Albanian citizens and support the country’s economy. We will continue to work to increase our mutual investments and further develop the ties between our business circles. We will continue to support projects for the development of Albania through TIKA.”
“TURKEY’S İNVESTMENT POTENTİAL İN ALBANİA İS HİGHER”
Albanian Prime Minister Edi Rama, on the other hand, stated in his speech that Turkey has an investment of approximately 3.7 billion euros in Albania, “Our potential is much higher. We need to increase the trade volume to over 1 billion.”
Stating that the relationship between Turkey and Albania is a special friendship, Rama thanked Turkey for its hospitality, “In 2023, Albania was visited by approximately 10 million tourists. The number of tourists from Turkey increased by 30 percent. There is a great potential in terms of tourism. Turkey has also reached an excellent level in the field of tourism. We want to increase Turkish investments in Albania.”
TARGET TO EXCEED 1 BİLLİON İN TRADE
Stating that Turkey has an investment of approximately 3.7 billion euros in Albania, Rama said, “Our potential is much higher. In addition, in terms of trade volume, we need to increase it to over 1 billion.”
Rama thanked Erdogan and the
Turkish government and said that they are optimistic about the future thanks to a structured and fruitful cooperation.
6 AGREEMENTS SİGNED BETWEEN TURKEY AND ALBANİA
Under the chairmanship of President
Erdoğan and Prime Minister Rama, the “First Meeting of the Turkey-Albania High Level Cooperation Council” was held at the Presidential Complex.
After the meeting held on February 20, 6 agreements were signed between the two countries in the presence of Erdogan and Rama. The signed agreements are as follows:
- Cooperation Protocol between TRT and Albanian Radio and Television,
- Memorandum of Understanding between the Directorate of
Communications of the Presidency of the Republic of Albania and the Media and Information Agency on Cooperation in the Field of Media and Communication,
- Memorandum of Understanding between the Government of the Republic of Turkey and the Council of Ministers of the Republic of Albania in the field of sustainable management of forests and protected areas,
- Military Framework Agreement between the Government of the Republic of Albania and the Government of the Republic of Turkey,
- Agreement between the Government of the Republic of Turkey and the Council of Ministers of the Republic of Albania on Development Cooperation and the Status of the TIKA Program Coordination Office in Albania,
- Memorandum of Understanding between the Ministry of Environment, Urbanization and Climate Change of the Republic of Turkey and the Ministry of Tourism and Environment of the Republic of Albania on Cooperation in the Field of Environment.”