Turkey-Chad: Erdogan vows to increase trade volume by 40 per cent

Turkey-Chad: Erdogan vows to increase trade volume by 40 per cent

Turkish President Recep Tayyip Erdogan Wednesday pledged to increase trade volume with Chad by 40 percent from the current $60 million to $100 million, as part of plans to bolster ties between the two countries.

President Erdogan made the statement on receiving visiting Chadian President Idriss Deby Itno in Ankara, state-run news agency Anadolu reports.

“Our trade volume is now around $60 million. This is a very low figure. We have a population of 82 million and Chad has 15 million, which makes 97 million. This shows how low the trade volume is. We are now committed to increase this trade volume to $100 million,” Erdogan said.

To that end, the two countries signed four agreement and the Turkish flagship carrier Turkish Airlines announced it will increase flights to Ndjamena from two to three per week.

Turkish investments in Chad are dominated by the private sector.

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