LCCI team leaves for Turkey, UK to enhance trade

RECORDER REPORT

LAHORE: A high-level 37-member delegation of the Lahore Chamber of Commerce and Industry (LCCI) has left for 12-day tour to Turkey and United Kingdom to explore new business avenues and enhance two-way trade with these countries.

According to LCCI spokesman, the delegation headed by LCCI President Irfan Qaiser Sheikh would have joint and hold one-to-one meetings at various chambers in Turkey and UK besides signing a number of MoUs with various trade and industry organizations in the two countries.

Turkey for being second fastest growing economy of the world after China and first in the European Union has a lot to offer to their Pakistani counterparts. The bilateral trade between Pakistan and Turkey has been gradually growing but it still leaves much to be desired.

The current level of trade between Pakistan and Turkey has least relevance to the size of the markets of the two countries. In terms of GDP, Turkey ranked at 17th place is way ahead of Pakistan which is at 47th place.