Mining cooperation agreement signed with the Saudis

The Minister of Energy and Natural Resources, Alparslan Bayraktar, said that they met with the Minister of Industry and Mineral Resources of Saudi Arabia, Bandar bin Ibrahim Alkhorayef, and signed a memorandum of understanding that will pave the way for cooperation in the field of mining.

Bayraktar said the agreement includes necessary mine-critical cooperation on new technologies in areas such as electric vehicles and solar panels.

Highlighting Saudi Arabia’s interest in green hydrogen, wind and solar panels in particular, Bayraktar stated that in this framework they have a power target of 5,000 megawatts.

AN EXPLANATION FROM THE TRADE MINISTER

Regarding his meeting with Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Harif, Minister of Commerce Ömer Bolat said: “We will sign a memorandum of understanding in the coming days, especially for cooperation in the field of our export strategies. and industry associations.

Bolat noted that with this cooperation, which will be built after President Recep Tayyip Erdogan’s visit to Jeddah last month, they will continue to work together to ensure that Turkish companies get more shares of projects in Saudi Arabia under the National Agreement on Saudi Arabia. Industry and Mining Strategy and the “Saudi Vision 2030”. (AA)