SANA'A, Oct 14 (Saba) – the 4th round of Yemeni-Turkish Ministerial Committee has wrapped in Sana'a with a common trend to boost bilateral relations on all fronts.

The two sides signed the minutes of the meetings that included the meetings outcomes and deals reached during them.

They reviewed trade developments in the two countries and affirmed their keenness to enhance bilateral trade exchange.

The meetings suggested that private sector representatives from both countries stay in contact and urged to encourage Yemeni and Turkish businessmen to exchange visits as well as providing them with necessary information to know about better possibilities of current market as well as effective laws and regulations.

The two sides agreed that Yemeni and Turkish businessmen who have business relations in the two countries can establish a joint association to promote promising investment in both countries.

The Yemeni side put forward a draft agreement to establish a Yemeni-Turkish businessmen council which the Turkish side accepted and announced it will present it to Turkish concerned bodies for study and discussion.

At the meeting, the Turkish side requested the Yemeni side to approve the he Framework Agreement on Trade Preferential System among the Member States of the Organization of the Islamic Conference (TPS-OIC).

The Turkish side expressed Turkey's support for Yemen's accession into the World Trade Organization and its readiness to send Turkish experts to help their Yemeni counterparts on negotiations with the WTO.

The two sides also have agreed on a bilateral investment promotion and protecting each other's investments and signed a custom duality deal.

Moreover, they agreed on taking necessary measures to encourage investments and partnerships between the two countries as well as the importance of cooperation between the two countries organizations of small and medium industries development.
FR