Islamabad: August 08, 2024 – Turkiye and Pakistan have agreed to boost up business activities and investment in various fields by enhancing mutual trade and promote economic activities. It was decided in a Round Table Business Conference co chaired by Trade Minister of Turkiye Prof. Dr. Omer Bolat and Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan.
Deputy Trade Minister Mustafa Tuzcu, Ambassador in Pakistan Mehmet Pacaci, Presidents of Chambers of Turkey were also accompanied while prominent business community figures from Pakistan joined this session.
Abdul Aleem Khan while addressing the Conference said that the brotherhood, mutual cooperation and friendly relations of Turkey and Pakistan span decades and these two countries have already entered into economic and joint business agreements.
He added that Pakistan wants to promote bilateral investment and business ties in various fields with Turkey because it is prime time to increase the economic activities between Turkey and Pakistan.He welcomed the interest of the business community from Turkey and said that it would benefit both countries and all possible support will be provided.
Turkish Minister of Commerce Prof. Dr. Omer Bolat said in his address that the economic and business relations and bilateral partnership between Pakistan and Turkey are going to be in a new beginning as Turkiye will also ensure all possible cooperation for Pakistan in all circumstances.
Turkish business leaders purposed that in various sectors including infrastructure bilateral investment can be increased. Representatives of Pakistan’s main commercial institutions welcomed Turkey’s proposals and said that Turkiye can develop better with its modern machinery and Pakistan with its raw materials.
Pakistan-Turkey Business Conference Highlights Bilateral Economic Cooperation
A significant milestone in Pakistan-Turkiye relations was marked today with the successful conclusion of a joint business conference held in Islamabad. The event witnessed the participation of high-ranking officials from both nations, including Turkey’s Minister of Commerce, Prof. Dr. Umar Bolat, and Pakistan’s Federal Minister of Privatization and Investment Board, Abdul Aleem Khan.
The conference served as a platform for discussing and enhancing the strong economic ties between the two brotherly nations.
In his address, Minister Abdul Aleem Khan emphasized the decades-long friendship and cooperation , highlighting the mutual commitment to advancing economic and business relations. Key topics of discussion included opportunities for expanding bilateral trade, promoting investment in diverse sectors, and removing barriers to further economic cooperation.
The Turkish delegation expressed keen interest in investing in Pakistan, particularly in the fields of IT, tourism, agriculture, and energy.
Minister Abdul Aleem Khan reiterated Pakistan’s commitment to providing more opportunities for Turkish companies, recognizing their active involvement in various sectors within Pakistan. He underscored the importance of leveraging Turkiye’s advanced machinery and Pakistan’s rich raw material resources to foster stronger economic collaboration.
The conference concluded with both sides agreeing on joint initiatives aimed at boosting economic ties and furthering mutual benefits. The participation of Turkiye ’s Deputy Trade Minister, the President of the Chamber of Commerce, other officials from business organizations, and the Turkish Ambassador to Pakistan highlighted the importance of this event in strengthening bilateral relations.
Pakistan Turkiye Reiterate Dedication to Expanding Trade Volume
