Turkiye wants to increase bilateral with Pakistan up to USD 5 billion
- August 23, 2022
Speaking at the occasion, Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry said that Pakistan and Turkiye were enjoying exemplary cordial relations that should be transformed into growing trade and economic relations between the two countries. He stressed that the frequency of Pakistan-Tehran-Istanbul railway service should be increased for trade promotion as currently goods from Turkiye via third countries were reaching Pakistan in 45 days due to which the importers and exporters were facing problems. He said that Pakistan has a lot of reserves of marble & granite and other natural resources and said that Turkiye should explore JVs in Pakistan in these sectors to achieve mutually beneficial outcomes.
Mian Shaukat Masud former President ICCI, Muhammad Azharul Islam Zafar, Sheikh Muhammad Ejaz, Ch. Muhammad Ali, Akhtar Hussain, Muhammad Shabbir, Ch. Ashraf Farzand, Waqar Zafar Bakhtawari, Ms. Fauzia Naureen, Ms. Nasira Ali and others also spoke at the occasion and gave useful suggestions to promote trade ties between Pakistan and Turkiye. They said that language barrier was an issue for trade promotion between the two countries that should be addressed. They said that Pakistan can export software products to Turkiye as it was already exporting these products to many other countries. They also highlighted IT, construction and furniture as potential areas of joint ventures between the two countries.