Erdogan's Gulf Tour: Seeking Economic Lifeline for Turkey
Originally Published 2 years ago — by The Associated Press
Turkish President Erdogan is visiting Gulf Arab states, including Saudi Arabia, Qatar, and the United Arab Emirates, in an effort to seek trade and investment opportunities to revive Turkey's struggling economy. Erdogan's visit comes as Turkey faces high inflation and a record current account deficit. The Gulf states, including Saudi Arabia, UAE, and Qatar, have previously provided financial support to Turkey, and Erdogan is hoping to secure further funding to help alleviate economic pressures.