Pakistan, Turkey Sign Preferential Trade Agreement.

Pakistan and Turkey have signed the Preferential Trade Agreement (PTA) aimed at boosting trade in goods between the two countries.

Turkish Trade Minister Dr Mehmet Mus and Minister for Commerce Syed Naveed Qamar signed the accord. Prime Minister Shehbaz Sharif was also present during the agreement signing ceremony held at PM's Office in Islamabad.

Commonly known as Trade in Goods Pact, the PTA includes comprehensive provisions on bilateral safeguards, balance of payment exceptions, dispute settlement, and periodic review of the agreement.

Addressing the ceremony, PM Shehbaz Sharif termed the agreement 'a great moment and a milestone' in the brotherly and historic relations between Pakistan and Turkey.

He recalled that following his official visit to Turkey in May, the untiring efforts of the ministries of both sides resulted in the signing of the agreement.

He said immense business opportunities existed between the two countries and expressed confidence that the accord would further explore the trade avenues in diverse sectors.

Speaking on the occasion, Turkish Trade Minister Dr...