New Delhi: Prime Minister Narendra Modi and Turkish President Recep Tayyip Erdogan on Monday reviewed the status of bilateral ties, including in key areas of security and trade, and discussed regional and international issues of mutual concern.
Ways to strengthen bilateral cooperation in the area of counter-terrorism, India's NSG membership bid and the regional security scenario were among key issues that were understood to have been discussed during the Modi-Erdogan meeting, according to official sources.
"New impetus to a multifarious relationship. Prime Minister Narendra Modi receives President Erdogan at Hyderabad House," MEA Spokesperson Gopal Baglay tweeted.
This is Erdogan's first foreign tour after winning a controversial referendum on April 16 that further consolidated his executive powers.
The Turkish leader arrived here yesterday on a two-day visit.
Earlier while addressing India Turkey Business Summit, Modi highlighted the cultural and heritage connect between the two nations and common outlook on the present economic order in the world.
"India and Turkey enjoy great historic and cultural connect. We also share a common outlook on the present economic order in the world", Modi said.
"Now, economic cooperation is becoming an important pillar of every bilateral relation. India and Turkey enjoy good economic ties. The growth in our bilateral trade over the years has been impressive.
"I understand that bilateral trade has increased significantly since President Ergodan last visited India. It has gone up from US Dollar 2.8 billion in 2008 to 6.4 billion in 2016. While this is encouraging, the level of present economic and commercial relations is not enough against the real potential", he added.
"There is huge potential and opportunity to enhance the bilateral engagement. This is possible through trade and FDI inflows, technology tie-up, and cooperation on various projects. In this context, we have seen some increase in participation of Turkish companies in India", Modi said.