ISLAMABAD: Turkiye wants to increase bilateral trade with Pakistan up to $5 billion as both countries have good potential to increase two-way trade volume in many items. Nurettin Demir Commercial Counsellor Embassy of Turkiye addressing business community during his visit to Islamabad Chamber of Commerce and Industry said that MUSIAD Expo would be held in Istanbul from November 2 to 5, this year and Pakistani business community should take active participation in it to promote business linkages with counterparts of Turkiye and explore new avenues of promoting bilateral trade between two countries.

He said that Turkiye and Pakistan could enhance bilateral cooperation in many fields including machinery and parts, pharmaceuticals, chemicals, tourism and agriculture. He said that he could help Pakistani business community in Customs affairs for doing trade with Turkiye.

President Islamabad Chamber Shakeel Munir stressed that 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 importers and exporters were facing problems. He said that Pakistan had a lot of reserves of marble and granite and other natural resources and said that Turkiye should explore JVs in Pakistan in these sectors to achieve mutually beneficial outcomes. Shaukat Masud former President, Muhammad Azharul Islam Zafar and others also spoke and gave useful suggestions to promote trade ties between two countries. They urged to address language barrier issue for trade promotion between two countries.

Published in The Daily National Courier, August, 24 2022

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