Turkey will increase its investments in Togo, in support of the latter’s PND

Economic governance
Tuesday, 21 July 2020 18:14
Turkey will increase its investments in Togo, in support of the latter’s PND

(Togo First) - Turkey’s minister of foreign affairs, Mevlüt Çavuşoğlu, is currently in Lomé. 

The official’s visit aligns with the Asian nation’s will to boost its bilateral -diplomatic and economic- relations with Togo. In this framework, Ankara announced it would increase its investments in Togo in response to Lomé’s desire to build new partnerships with Turkish private businesses, in line with the Togolese national development plan. 

Other major outcomes of the meeting between Çavuşoğlu and Togolese authorities include the decision to open a Turkish embassy in Togo, and the upcoming entry of Turkish Airlines in the Togolese air transport industry. In addition to these, the two parties signed three bilateral agreements. 

The first, a memorandum of understanding, concerns the establishment of a system to handle discussions between the two countries’ respective ministries of foreign affairs. The second agreement is for the mutual visa exemption for diplomatic passport holders from both nations. With this agreement, Turkey joined countries like Morocco, Brazil, Gabon, and the Central African Republic with whom Togo has a similar deal.  

The third agreement, another memorandum of understanding, concerns cooperation between the ministry of foreign affairs in Togo and the Diplomatic Academy of Turkey.

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