Turkiye for increasing trade with Pakistan to $5b in next 2-3 years.

ISLAMABAD -- Turkiye is keen to boost bilateral trade with Pakistan to at least up to $5 billion in the next 2-3 years as the current volume of trade is not reflective of the actual potential of both countries.

This was stated by Dr Mehmet Pacaci, Ambassador of Turkiye, while addressing the business community during his visit to Islamabad Chamber of Commerce and Industry. Nurettin Demir, Commercial Counsellor of Turkiye, was also present at the occasion. The envoy said that he was assigned by his government to increase Turkiye-Pakistan bilateral trade to $5 billion in 3 years as a first step and added that both countries have the potential to go beyond this target. He said that Turkiye wants to enhance cooperation with Pakistan in trade, industry, investment, education, health and other fields. He said that the entrepreneurs of both countries should know each other more and work hard to expand trade and economic relations while he assured that his Embassy would fully cooperate in such efforts.

Nurettin Demir, Commercial Counsellor of Turkiye, gave a detailed presentation at the occasion about investment opportunities in Turkiye.

Speaking at the occasion, Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry, said that despite enjoying exemplary cordial relations Pak-Turkiye bilateral trade is just around $1.2 billion and stressed that both countries should promote strong business linkages between their private sectors to improve trade volume. He said that Turkiye can invest in a number of sectors in Pakistan including engineering, chemicals, housing and construction...