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Pakistan, Turkiye business communities urged to work hard for enhancing trade

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Consul General of Turkiye Cemal Sangu has said although Turkiye and Pakistan have been cooperating in many fields of trade and economy but the existing trade volume was very low which requires very hard work from the business communities of both countries.

“We say we are brotherly but it doesn’t reflect in our trade. Keeping in view Pakistan’s and Turkiye’s population of 240 million and 85 million respectively, I can confidently say we have huge potential and opportunities not only in Pakistan but also in Turkiye, hence, the private sector, being the backbone of economy, should come forward to improve trade and economic relations”, he stressed while speaking at a meeting during his visit to the Karachi Chamber of Commerce & Industry.

President KCCI Iftikhar Ahmed Sheikh, Senior Vice President Altaf A. Ghaffar, Vice President Tanveer Ahmed Barry and KCCI Managing Committee Members were also present at the meeting.

Turkish CG, while congratulating the newly elected Office Bearers of KCCI, hoped that the during their tenure, trade relations between Turkiye and Pakistan would deepen further to the deserved level.

“Although Turkiye and Pakistan have been enjoying special diplomatic relations since 1947 but if you’ll take a good look at the history, our relations are thousands of years old as Turkiye’s connection in this region started in 9th century”, he added while terming Turkiye-Pakistan as “two countries, one nation” with same culture, religion, values, linguistic and views.

He pointed out that Turkish investment in Pakistan stood at around $2.5 billion but it was nothing and needs to be improved. “Turkish companies operating Pakistan have been facing minor issues but the SIFC is working very hard to solve these issues which will certainly encourage other Turkish companies to invest in Pakistan”, he added.

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