Reuters announced! Turkey and Qatar are negotiating for resources to send 10 billion
10 billion from Qatar to Turkey dollarNegotiations have reached the final stage for the entry of new resources that can be reached.
A senior official informing Reuters that the results were “discussed in the leaders’ section”, while another official said that the 2-3 billion dollar section before the end of the year. Eurobond He said it could be in shape. Qatar and the Ministry of Treasury and Finance did not comment on the news, which confirmed three people.
An exchange rate policy observer that will keep the foreign exchange supply and demand in balance with the regulations of the economy management system. On the other hand, due to the fact that the Western capital limited its investments with the current preferences, President of the AKP Recep Tayyip Erdogan “friend” He shows his economic policies, especially the exchange rate, by making a general external resource, which he refers to.
These relatives The economic and kinship relations between Qatar and Turkey gained momentum as their neighbors cut off the economic expansion towards Qatar.
“AMOUNT OF AT LEAST 8 BILLION DOLLARS IS PROVIDED”
Saudi Arabia, the United Arab Emirates, Bahrain and Egypt had cut off collection, trade and transport from their 2017 hubs to Qatar by early 2021.
In this period, Turkey and Qatar increased the economic burden. During this period, Qatar also had shares in Borsa Istanbul and the Eurasia tunnel, and countries said that they would further increase the economic approach at the level of leaders.
TWO ATTENTION POSSIBILITIES!
The senior official who informed Reuters, “We have reached the final stage of negotiations regarding the provision of a new resource from Qatar to Turkey. A minimum amount of around 8 billion dollars is foreseen. The total amount is between 8-10 billion dollars” said and added:
“As a result, 2-3 billion dollars will be obtained by the end of the year, with a record next year. Here (some parts of the total resource) can be swap or eurobond. Several methods are being discussed. Mutual agreement is reached. This issue has been addressed.”
The Ministry of Treasury and Finance had foreseen an expenditure of 11 billion dollars in 2022 and completed this amount of 9 billion dollars. Therefore, the Treasury may issue another 2 billion dollars before the end of the year. The next year, the return of international trade is 10 billion dollars, and the Treasury emphasizes the possibility of borrowing for pre-financing in some years.
ERDOĞAN WENT TO QATAR
Erdogan’s son opened the World Cup to Qatar this weekend.
Another official, who has information on the subject, noted that the economic expansion between Qatar and Turkey continues to increase.
The official said that “Swap, eurobond, company partnership or any other purpose that can be expanded within the process will increase Qatar’s investments in Turkey in the coming period.” The same source also said that the participation in the syndication of the banks is working on the meeting methods.
Treasury and Finance Minister Nureddin Nabati met with Qatar Finance Minister Al-Kuwari last month.
Saudi Arabia also announced this week that it will realize its ultimate goals to realize an investment of $5 billion in Turkey.
The CBRT has clearing settlements with China for $6 billion, $15 billion with Qatar, $5 billion with the United Arab Emirates and $2 billion with South Korea for a total of $28 billion. According to bankers’ calculations, swaps hold 23-24 billion dollars in reserves. Until now, there was no clearing or warehouse/deposit relationship with Saudi Arabia.
Qatar’s swap agreement was renewed with the same amounts a few months ago.