Turkish envoy for expanding bilateral trade ties

29 Nov, 2022

ISLAMABAD: Turkish Ambassador to Pakistan Dr Mehmet Pacaci has said his country intends to expand its trade relations with Pakistan as both nations have significant potential to expand trade in many areas.

During a visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) here, he said that volume of trade between Pakistan and Turkiye was over $8 million and there is much potential to improve it further.

Irfan Iqbal Sheikh President of FPCCI, Mian Anjum Nisar, Mian Nasser Hyatt Magoo former presidents, Muhammad Suleman Chawla Senior Vice President Khawaja Shahzeb Akram Former SVP, Amin Ullah Baig, Muhammad Nadeem Qureshi, Vice Presidents, Sheikh Mohammad Aslam, Sheikh Mohammad Ali and Mirza Abdul Rehman, Chairman Coordination were also present.

Turkish ambassador said that both the brotherly countries should take advantage of each other’s experience to boost the trade ties and commercial activities to improve lifestyles of their citizens. He advised that a trade delegation from Pakistan and Turkiye should visit and share their trade experience providing a chance for further polishing their trade skills and scope. Talking about trade through roads and railways, he said Pakistan should upgrade its railway system to make it compatible with the Turkish rail network to promote trade through railways.

Speaking on the occasion, President FPCCI Irfan Iqbal Sheikh stressed to further strengthening of bilateral trade and relations between Pakistan and Turkiye and said that it is time to increase the volume of bilateral trade between the two countries. He highlighted various investment opportunities in Pakistan in different sectors including oil and gas, mines and minerals, gemstones, tourism, information technology, food processing, agriculture, dairy products, furniture, hotel, and resorts.

He further said that the experience of the Turkish tourism sector can be utilized for the development of the tourism sector in Pakistan. The Turkish advanced technology in various fields may lead Pakistan’s various sectors to develop and be beneficial, he added.

Mian Anjum Nisar said that despite enjoying exemplary and brotherly relations, trade between Pakistan and Turkey stood at just US $1.08 billion. Other FPCCI leaders also expressed their views.

Qurban Ali, Haji Fazal Elahi Khan, Muhammad Aslam Sheikh, Muhammad Ali Sheikh, Sajjad Sarwar, Karim Aziz Malik, Sohail Altaf Former Vice Presidents FPCCI, Parvez Khatak, Saqib Taj Abbasi, Malik Arif, Ghulam Hussain Judge, Firdousia Fazal, Sima Iqbal, Syeda Wajida Saleem, Khush Noor Didar and others members of FPCCI also take part in the deliberation.

Copyright Business Recorder, 2022

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