UCWEP and the ATIMM Foundation sign a comprehensive agreement at COP16 in Riyadh

At the COP 16 meeting held in Riyadh, Saudi Arabia, UCWEP representing Türkiye and ATIMM Foundation representing Chad signed an important agreement that will strengthen the cooperation between the two countries. This comprehensive memorandum of understanding will pave the way for joint studies in many areas such as drought, desertification, social media literacy, project management, agricultural development, health and artificial intelligence.

A Wide Area of Cooperation, From Drought to Artificial Intelligence

The new agreement will strengthen the cooperation between Türkiye and Chad, especially in the fight against common problems such as drought and desertification. In addition, it is aimed to develop joint projects on issues such as social media literacy, project management and agricultural development. The two countries are planning to cooperate in future technologies such as artificial intelligence, which will make significant contributions to their economic and social development.

Trade and Investments Between the Two Countries Will Be Increased

The memorandum of understanding aims to increase the trade volume between Türkiye and Chad and create new investment opportunities. In this way, relations between the economies of the two countries will be strengthened and regional cooperation will be further deepened. Especially the private sector is expected to benefit from this agreement.

A Step Toward the Future

This agreement is considered an important step that will serve the common interests of the two countries by taking the relations between Türkiye and Chad to a new dimension. Türkiye’s increasing influence, especially in the African continent, will become even stronger with this agreement.

Potential Impacts on the Economies of Türkiye and the Republic of Chad

• Increase in Trade Volume: With the agreement, the trade volume between the two countries is expected to increase significantly. A revival of trade is expected, especially in areas such as agricultural products, textiles and construction materials.
• Increase in Investment: New opportunities will arise for Turkish companies to invest in Chad. Investments by Turkish companies are expected, especially in sectors such as agriculture, energy and infrastructure.
• Increasing Job Opportunities: New job opportunities will be created both in Türkiye and Chad. It will especially contribute to the employment of the young population.
• Technological Transfer: Türkiye’s technological knowledge and experience will be transferred to Chad and contribute to the development of the country.
• Economic Growth: This agreement will contribute positively to the economic growth of both countries. This is very important, especially for a developing country like Chad.

Potential Effects on Social Life

• Education Cooperation: Cooperation in the field of education will allow Chadian students to study in Türkiye. This will contribute to the development of Chad’s human resources.
• Improving Health Services: Cooperation in the field of health will help improve the quality of Chad’s health services.
• Cultural Exchange: Cultural interaction between the two countries will increase and this will strengthen mutual understanding.

Potential Impacts on Regional Cooperation

• Increasing Regional Influence: Türkiye’s influence in Africa will increase, and this will strengthen Türkiye’s political and economic weight in the region.
• Joint Projects: The development of joint projects with the countries of the region will be pioneered.
• Peace and Stability: Contribution will be made to ensuring peace and stability in the region.
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