Turkey seeks much stronger economic ties with Cuba, a second Latin American country after doing the same with Venezuela

Turkey’s venturing of seeking more international trade partners continue to sail on.

The latest country set to work closely with Turkey is Cuba, with the two looking at securing ties in the pharmacy sector.

This comes hot on the heels of Turkey collaborating with Venezuela on mineral resources. Now Cuba is the latest Latin American country to seek close working ties with Turkey.

Turkey’s Vice-President Fuat Oktay pointed out they are working hard to spread Turkey’s industrial achievement in the defence sector and other industries. Expressing the health sector as one of those sectors, Oktay says they want to see economic benefits in this sector.  Oktay also explained Cuba’s demand on mutual cooperation on pharmacy with Turkey.

Many more fields to mutually work on between Turkey and Cuba

Touching upon cooperation in many economic fields with Cuba, Oktay said they would convey their industrial achievements on defence to other sectors. Pointing out they seek cooperation in many fields with Cuba, biotechnology was an industry the Cuban government desired to work closely with Turkey.

Cuba is ahead in health technology

“Cuba does important works on vaccine and preventing the amputation of the diabetic patient’s body organs,” said the Vice-President. As Turkey too does similar good work in the health sector, Oktay said the two countries can work closely to develop the latest technologies.”

“Such cooperation won’t be limited to one field. As Turkey, we can export defence products to Cuba. Our Relation Minister starts working on finer details. In fact, the stimulating factors are pushing us to develop this cooperation. It seems like a great potential,” said the senior AKP leader in a live broadcast on CNNTurk television channel.

Erdogan adores South America

Oktay continued to say Turkish President Recep Tayyip Erdogan has gladly accepted Latin America. “On our President, Latin America has always been on our agenda. Generally, we related to the United States when it came to America. But there is a very different world in South America.”

More desired cooperation among countries needed, not sanctions

Touching upon the cooperation between Turkey and Venezuela, Oktay said Venezuela has vast mineral resources. Venezuela is currently the term chairman of the Organisation for Petroleum Exporting Countries (OPEC).

Until recently, Venezuela was one of the richest countries in the world but that has all gone up in smoke as the country struggles economically, much like Turkey.

“When we look at agriculture, it has magnificent opportunities on husbandry and agriculture. Venezuela is a country sympathetic towards Turkey. The US also has investments Venezuela. There are some sanctions to Venezuela. There are American sanctions against Venezuela. What do we say? We are against the sanctions which prevent trade between other countries. If every country can begin to implement unique sanctions against the likes of Russia, India, Turkey and France in the future, will this be a liveable world? It will be total chaos,” added Oktay.

More flourishing Latin America ties with Turkey

Oktay had a meeting with Cuba President Miguel Diaz Canel on January 13. During this meeting, Cuba offered a joint pharmaceutical production and Oktay said they would take the offer to Erdogan.

The strong ties between Turkey and Venezuela are set to continue as the Vice-President of the latter country is in Turkey on an official state visit.

Vice President Tareck Zaidan El Aissami Maddah visited a gold refinery in the Black Sea region province of Çorum (about 629 km east of İstanbul) where tons of Venezuelan gold are expected to be processed.

Erdoğan refers to Nicolas Maduro, Venezuela’s President as a brother.

Turkey is continuing to build a special friendship with Venezuela, where the economy has fallen by nearly 50% since 2013 and the annual inflation rate at the end of 2018 was at 80 000%, the highest in the world.

Struggling economically, Venezuela’s vice president arrives Turkey as they seek further economic ties

You might also like