Qatar and Türkiye target $5 billion in trade, cooperate on Suhail-3

Qatar and Türkiye reaffirmed their aim of increasing bilateral trade to $5 billion in the near future during the 12th session of the Supreme Strategic Committee in Istanbul. The two countries also welcomed the joint Suhail-3 / Türksat-Biruni satellite project.

Qatar and the Republic of Türkiye affirmed, in the joint statement issued during the 12th session of the Supreme Strategic Committee held in Istanbul on November 13 under the chairmanship of Qatari Emir Sheikh Tamim bin Hamad Al Thani and Turkish President Recep Tayyip Erdoğan, their goal of increasing bilateral trade to $5 billion in the near future. The two countries agreed to explore new opportunities to expand and diversify their trade and economic relations and to use the Trade and Economic Partnership Agreement to achieve this goal.

The two sides highlighted major Qatari investments in Türkiye and noted that Turkish contracting companies have carried out 206 projects in Qatar worth $20.8 billion. They affirmed their desire to strengthen cooperation in public-private partnerships and exchange expertise in line with the memorandum of understanding between Türkiye’s Ministry of Treasury and Finance and Qatar’s Ministry of Finance. They also expressed their readiness to hold the second session of the Joint Economic and Trade Committee in Doha.

In the space sector, the two sides welcomed the strategic partnership agreement signed by Suhail Sat and Türksat on May 19, 2026, and the Suhail-3 / Türksat-Biruni satellite project, describing them as a tangible example of the strategic partnership between the two countries in space and satellite technology. They encouraged the space agencies and research institutions of both countries to explore opportunities for cooperation in small satellites, Earth observation and satellite communications.

Model of the Turkish Türksat 6A satellite

The Supreme Strategic Committee was established under an agreement signed on December 19, 2014. Its 12th session saw the signing of a mutual defense agreement between the two countries, along with four other documents covering education, consumer protection, peace and reconciliation, and dispute resolution.

Qatar and Türkiye target $5 billion in trade, cooperate on Suhail-3