External Affairs

Mauritania Is An Important Market For Turkish Investors

Mauritania’s economy is largely based on mining, fishery, agriculture, animal husbandry as well as foreign support.

Mauritania is one of the countries to which we make the largest export in Sub-Saharan Africa. The country also has one of the richest fishing grounds over 200 miles on the Atlantic coast. Mauritania has 860 million tonnes of iron reserves. The country has an economy largely based on mining, fishery, agriculture, animal husbandry as well as foreign support. It can be an attractive investment centre for our Turkish businesspeople. The country also offers business opportunities in areas such as infrastructure-superstructure, drinking water, electricity, education, and healthcare services. It is an important centre for the Turkish fishery and water products industry. Today, there are about 50 Turkish fishing vessels operating in Mauritania. Our mutual trade relations have recently gained momentum. Our USD 20 million trade volume in 2008 has now increased five times. And our President Recep Tayyip Erdoğan’s visit to Mauritania in 2018 was an important step in encouraging mutual investments. With the extensive activities on our part, we will surely develop these relations further.

Chairperson of Turkey-Mauritania Business Council Zeynel Abidin Kaymak

 

 

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