(IP)- Turkish President has arrived in Saudi Arabia to begin a three-state Persian Gulf tour as he looks to attract foreign investment in his country’s ailing economy.

Iran PressMiddle East: Recep Tayyip Erdogan will also visit Qatar and the United Arab Emirates as he seeks to boost foreign investment.

Erdogan landed in the Red Sea city of Jeddah on Monday to meet King Salman bin Abdul Aziz Al Saud and Crown Prince Mohammed bin Salman, the country’s de facto ruler, before heading for the United Arab Emirates and Qatar later this week. 

“During our visits, our primary agenda will be joint investment and commercial activities with these countries in the upcoming period,” Aljazeera cited Erdogan before leaving Istanbul.

He said two-way trade with Persian Gulf countries has shot up from $1.6bn to about $22bn over the past 20 years. 

“With the business forums to be organized, we will look for ways to move this figure much further,” Erdogan added. 

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