Pakistan, Turkiye decide to take volume of bilateral trade to $5bn

Business May, 20 2024
Pakistan, Turkiye decide to take volume of bilateral trade to $5bn
  • 165
  • 0

 ISLAMABAD: Pakistan and Turkiye have decided to take volume of their bilateral trade to five billion dollars. Understanding came at delegation level talks between two countries here.

Deputy Prime Minister and Foreign Minister Ishaq Dar represented Pakistani delegation while Turkish side was led by its Foreign Minister Hakan Fidan. Later addressing joint news conference along with Turkish Foreign Minister, Ishaq Dar said two countries are also planning to hold next session of Pakistan Turkiye High Level Strategic Cooperation Council in near future. He said this Council meeting will carry out comprehensive review of ongoing cooperation as well as bilateral strategic economic framework.

He said there is also history of Pakistan-Turkiye collaboration in defence related projects. We are working on various joint ventures and continue to support each other to defend our territorial sovereignty and in fight against terrorism. He said two countries have always supported each other on core issues and assisted during natural calamities. Expressing his gratitude to Turkiye for its firm and consistent support to oppressed people of Indian illegally occupied Jammu and Kashmir, Ishaq Dar said Pakistan will continue to support legitimate struggle of people of Turkish Republic of Northern Cyprus. Turkish Foreign Minister said Pakistan is our strategic partner and our cooperation supports the regional peace and stability. He said this is an unshakeable friendship and brotherhood rooted in history. He said Turkiye stands by Pakistan in their fight against terrorism. Describing his meeting with Foreign Minister Ishaq Dar as fruitful, Turkish Foreign Minister said two sides have taken principle decision to strengthen their relations not only in trade, but also in defense, investment, banking, science and technology.

NC Big Stories

New form of Indian terrorism

Ever since the Indian intelligence agency RAW has eliminated some freedom fighters in foreign countries, its operations have been increasing. The Indian intelligence agency killed some characters fighting for the freedom of Khalistan in Western count...

WB proposes debt management reform

ISLAMABAD: The World Bank has recommended the creation of a permanent Debt and Risk Management Committee (DRMC) in Pakistan to manage escalating fiscal risks and improve the fragmented approach to debt management. The proposed committee would be dir...

SBP reaffirms commitment to enhancing financial inclusion

KARACHI: The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, reiterated the central bank's commitment to boosting financial inclusion in the country through enhanced collaborations with both international and domestic stakeholders. These...

Aurangzeb, Lee discusses strengthening Pakistan-Hong Kong economic ties

ISLAMABAD: Finance Minister Muhammad Aurangzeb emphasized the importance of strengthening economic and diplomatic ties between Pakistan and Hong Kong during his meeting with John K C Lee, Chief Executive of the Hong Kong Special Administrative Region...

More like this
Related

WB proposes debt management reform

ISLAMABAD: The World Bank has recommended the creation of a permanent Debt and Risk Management Committee (DRMC) in Pakistan to manage escalating fiscal risks and improve the fragmented approach to debt management. The proposed committee would be dir...

SBP reaffirms commitment to enhancing financial inclusion

KARACHI: The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, reiterated the central bank's commitment to boosting financial inclusion in the country through enhanced collaborations with both international and domestic stakeholders. These...

Aurangzeb, Lee discusses strengthening Pakistan-Hong Kong economic ties

ISLAMABAD: Finance Minister Muhammad Aurangzeb emphasized the importance of strengthening economic and diplomatic ties between Pakistan and Hong Kong during his meeting with John K C Lee, Chief Executive of the Hong Kong Special Administrative Region...

Business community calls for unity to stabilize economy

ISLAMABAD: The United Business Group (UBG) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has emphasized the need for cooperation and unity within Pakistan's business community, highlighting these factors as crucial for stabi...
Need Help? Chat with us