Eurasia Press & News
TEHRAN (FNA)- Oil-rich Persian Gulf monarchies will sign an accord with Turkey aimed at boosting ties between the Arab bloc and Ankara, the chief of the Persian Gulf Cooperation Council (PGCC) said on Sunday.
The “memorandum of understanding” to be inked in the Saudi Red Sea city of Jeddah on Tuesday will provide for “cooperation in the economic, political and security domains,” PGCC Secretary General Abdurrahman al-Attiyah told AFP.
Attiyah said PGCC foreign ministers are due to meet in Jeddah on Tuesday and will hold talks with their Turkish counterpart Ali Babacan on the sidelines of the meeting.
The MoU will pave the way for the conclusion of a free trade agreement between the PGCC and Turkey that has been under negotiation since 2005, he said.
The PGCC groups Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. PGCC states have good relations with Turkey.
“Turkey has an important role in the region. It is a balanced and moderate role,” Attiyah said.
