Togo and Turkey ink MoU to boost their economic cooperation

Economic governance
Wednesday, 18 January 2023 17:54
Togo and Turkey ink MoU to boost their economic cooperation

(Togo First) - Yesterday, Jan. 17, the Council for Foreign Economic Relations of Turkey (DEIK) and the National Council of Employers of Togo (CNP-Togo) signed a memorandum of understanding to boost their economic cooperation. 

The MoU was signed during “Togo day”, a virtual conference organized by the Togolese ministry for investment promotion and the Turkish embassy. Its goal is to dynamize relations between businesses from both countries.

The agreement will also help increase trade according to Kayi Mivedor, the minister of investment promotion of Togo.

"I take the opportunity of this event to invite the Ministry of Trade of Turkey to establish a working committee with all stakeholders in our respective countries, for the materialization of the Togo - Turkey Investment Forum, as envisaged during the Togo - Turkey political consultations that took place in 2022," Mivedor added.

Togo and Turkey have been working on bolstering their relationship for some years now. In April 2021, Turkey opened its embassy in the African country, and in October, of the same year, the Turkish President visited. During his stay in Togo, several agreements were signed to boost the relationship between the two countries.

Esaïe Edoh

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