Opportunities for Regional Cooperation in the Defense Industry

Date: Issue 119 - December 2022

Haluk BAYRAKTAR, CEO of BAYKAR and Chairman of the Board of SAHA Istanbul, Murat İKİNCİ, General Manager of Roketsan, Tareq Abdulraheem Al-HOSANI, CEO of the Tawazun Economic Council, and Faisal Al-BANNAI, Chairman of the Board of EDGE Group participated as panelists in the "Regional Cooperation Opportunities in Defense Industry" panel moderated by Murat ÖZDEMİR, Advisor to the President of Investment Office of the Presidency of the Republic of Türkiye.

Haluk BAYRAKTAR, Chairman of the Board of SAHA Istanbul, opened the discussion by briefly stating that the United Arab Emirates is an important partner of Türkiye and that the partnership between the two countries has an extremely significant potential. "The United Arab Emirates makes critical investments in innovation and new technologies. We are talking about an important potential here. When compared to previous years, Türkiye's exports are increasing by 15% in dollars. Exports will increase to US$ 4 billion this year from US$ 3.2 billion in 2021.