카타르의 대(對)터키 경제협력 현황과 한계
The Current Status and Limits of Qatar's Economic Cooperation with Turkey
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The bilateral relationship between Qatar and Turkey began as a political and military partnership and expanded to the economic sector. As a result, the trade volume between the two countries has grown and foreign direct investment has also increased. The bilateral trade volume was about $1.87 billion in 2020, which was 69 times higher than in 2000, 20 years ago, and 1.8 times higher than in 2010, 10 years ago. Meanwhile, Turkey is currently facing an economic crisis as the value of the Turkish Lira has continued to decline due to President Erdogan's unprecedented monetary policy. Nevertheless, Qatar continues its economic cooperation by extending the currency swap agreement with Turkey. This study discusses the limits of economic cooperation between the two countries based on the background and achievements to answer the question of whether Qatar-Turkey economic cooperation can be expanded in the future.
Abstract
The bilateral relationship between Qatar and Turkey began as a political and military partnership and expanded to the economic sector. As a result, the trade volume between the two countries has grown and foreign direct investment has also increased. The bilateral trade volume was about $1.87 billion in 2020, which was 69 times higher than in 2000, 20 years ago, and 1.8 times higher than in 2010, 10 years ago. Meanwhile, Turkey is currently facing an economic crisis as the value of the Turkish Lira has continued to decline due to President Erdogan's unprecedented monetary policy. Nevertheless, Qatar continues its economic cooperation by extending the currency swap agreement with Turkey. This study discusses the limits of economic cooperation between the two countries based on the background and achievements to answer the question of whether Qatar-Turkey economic cooperation can be expanded in the future.
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