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Home Business

Pakistan and Turkey Seek to Boost Trade with Enhanced G2G and B2B Cooperation

by Alina Fida
28/08/2024
in Business, Economy, New, News, Pakistan
Reading Time: 1 min read
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Pakistan and Turkey Seek to Boost Trade with Enhanced G2G and B2B Cooperation

Pakistan and Turkey Seek to Boost Trade with Enhanced G2G and B2B Cooperation

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Islamabad, Pakistan – In a recent farewell meeting, Dr. Mehmet Paçaci, the outgoing Ambassador of Turkey, and Federal Minister for Finance and Revenue Muhammad Aurangzeb discussed strategies to enhance trade cooperation between Pakistan and Turkey. The meeting highlighted the importance of expanding Government-to-Government (G2G) and Business-to-Business (B2B) arrangements to achieve the bilateral trade target of $5 billion.

The discussion underscored the signing of the Trade in Goods Agreement 2022, which marks a significant step towards achieving this target. Both parties emphasized the need to strengthen their trade and investment ties through increased collaboration.

The Finance Minister commended Ambassador Paçaci for his role in fostering stronger bilateral relations and reaffirmed Pakistan’s commitment to deepening its partnership with Turkey. This commitment spans various sectors, including trade, investment, technical cooperation, and more.

The recent visit of the Turkish trade delegation, led by Trade Minister Dr. Omer Bolat, was also noted as a pivotal moment in exploring new opportunities in sectors such as energy, agriculture, infrastructure, and technology.

Ambassador Paçaci expressed his gratitude for the support received from Pakistan during his tenure and praised the ongoing cooperation. He assured that Turkey remains dedicated to advancing the economic ties between the two nations and unlocking further potential for bilateral trade and investment.

In closing, the Finance Minister wished Ambassador Paçaci success in his future endeavors and expressed confidence in the continued strong collaboration and enduring friendship between Pakistan and Turkey.

Tags: latestPakistan

Alina Fida

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