Turkiye keen to boost bilateral trade with Pakistan.

Dr Mehmet Pacaci, Ambassador of Turkiye, has asserted that the country was keen to boost bilateral trade with Pakistan at least up to US$ 5 billion in the next 2-3 years.

'Turkiye is keen to boost bilateral trade with Pakistan as the current volume of trade is not reflective of the actual potential of both countries,' said Dr Mehmet Pacaci while addressing the business community during his visit to Islamabad Chamber of Commerce and Industry (ICCI).

Speaking on the occasion, the envoy said that he was assigned by his government to increase Turkiye-Pakistan bilateral trade to US$ 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, ICCI said that despite enjoying exemplary cordial relations. Pak-Turkiye bilateral trade is just around US$ 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, electrical appliances, machinery, defence, irrigation, food processing, halal meat...