Hopeful of achieving $5b Pak-Turkiye trade target
Prime Minister Shehbaz Sharif on Sunday met with different world leaders and discussed bilateral ties and cooperation between Pakistan and their respective countries.
During the meetings, the prime minister outlined the government’s vision to facilitate foreign direct investment and encourage joint ventures.
The exchanges spanned around expanding trade and investment ties to maximise mutual gains from available opportunities in Pakistan and enhance cooperation in key sectors of the economy through the direct presence of Turkish enterprises and via joint ventures with Pakistani counterparts.
The prime minister met former deputy prime minister of Türkiye and Chairman MHP Devlet Bahceli and conveyed his felicitation over success in the elections, PM Office Media Wing said in a press release on Sunday.
On the occasion, he also met with Kosovo’s President Vjosa Osmani-Sadriu. Both leaders reiterated their desire to promote bilateral relations and cooperation in different fields.
The prime minister also interacted with Iranian First Vice President Mohammad Mokhber. The PM referred to the establishment of a market at the Balochistan-Sistan border and his recent meeting with the Iranian president.
Welcoming the commencement of barter trade between the two countries, the premier expressed the confidence that it would mutually benefit the people of both brotherly countries.
In his meeting with Uzbek President Shavkat Mirziyoyev, the two leaders discussed regional cooperation, connectivity and further strengthening of bilateral cooperation in diverse fields.
Meanwhile, on his Twitter handle, Prime Minister Shehbaz Sharif on Sunday expressed his hope that the volume of bilateral trade between Pakistan and Turkiye can reach to $5 billion annually over the next 3 years.
In his tweet, Prime Minister Shehbaz wrote: “In my meetings with heads of leading Turkish business groups Saturday, I highlighted the need for investment & trade in the fields of agriculture, energy, information technology and construction. Exciting opportunities have emerged for collaboration especially after the historic Trade-in-Goods Agreement between Pakistan & Turkiye became operational on May 31 this year.
The target of increasing bilateral trade volume to $5 billion annually over the next 3 years is very much achievable. He Was glad to find discernible interest of the Turkish business community in building on the existing partnerships & establishing new ventures.”
