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Qatar trusts ‘strong� fundamentals of Turkish economy

- Turkey has mature and well developed private sector, Qatar economy minister says

Fundamentals of Turkish economy are “very strong,� Qatar's economy and commercial minister said.

“Sometimes in economies, there may be up and downs, but the important thing is fundamentals of economies,� Sheikh Ahmed bin Jassim bin Mohammed Al Thani told Anadolu Agency in Berlin.

Last month, Qatar's Emir Sheikh Tamim bin Hamad al-Thani has said Qatar will make $15 billion direct investment in Turkey, during his visit to the capital Ankara.

The Qatari economy minister said: "Qatar has been investing in Turkey for a long time, we trust the Turkish economy, that's why Qatar announced to invest $15 billion in Turkey."

The private sector of Turkey is mature and well developed, especially in the area of export, he said.

"We are friend [of Turkey] for a long time and we will continue to be friends," al-Thani added.

*Gokhan Ergocun contributed to this story from Ankara.

By Bahattin Gonultas in Berlin

Anadolu Agency

energy@aa.com.tr