Skip to content

Türkiye and Niger sign memorandum of understanding on mining cooperation

Türkiye and Niger sign memorandum of understanding on mining cooperation Minister of Energy and Natural Resources Alparslan Bayraktar (right) met with Niger Minister of Mines Abarchi Ousmane (left) in Istanbul. (AA Photo)
By Newsroom
Oct 22, 2024 3:20 PM

Türkiye and Niger have officially signed a memorandum of understanding (MoU) to collaborate in the mining sector, aiming to explore and exploit mineral resources in specific regions.

The agreement was signed by Türkiye’s Minister of Energy and Natural Resources Alparslan Bayraktar and Niger’s Minister of Mines Abarchi Ousmane during a meeting in Istanbul.

Türkiye and Niger sign memorandum of understanding on mining cooperation
Minister of Energy and Natural Resources Alparslan Bayraktar (3rd right) met with Niger’s Minister of Mines Abarchi Ousmane (3rd left) in Istanbul. (AA Photo)

Boosting mineral exploration and investment

The agreement outlines the framework for public and private sector companies from Türkiye to actively invest in Niger’s mining industry. It will encourage collaboration between relevant ministries and institutions, focusing on mineral exploration, information exchange and sustainable development.

“We aim to expand cooperation in mineral exploration and support the growth of both countries’ mining sectors,” Bayraktar stated on social media, emphasizing the strategic importance of the deal.

Focus on sustainable development

Both nations aim to use this partnership to promote sustainable development through mining activities, with the goal of mutual economic growth. Capacity building, official meetings and consultations are part of the planned efforts to enhance the collaboration.

This agreement follows Bayraktar’s previous visit to Niger’s capital, Niamey, in July, where both countries signed a declaration of intent to cooperate in oil and natural gas.

Last Updated:  Oct 22, 2024 3:20 PM