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Sunday, August 14, 2022
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    HomeBusinessPM sets $5bn target for Pak-Turk bilateral trade

    PM sets $5bn target for Pak-Turk bilateral trade

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    Prime Minister Shehbaz Sharif Tuesday whereas assuring his authorities’s all-out help, urged the enterprise neighborhood of Pakistan and Turkey to take the bilateral commerce to the $5 billion mark inside subsequent three years.

    “The $1.1 billion commerce is nothing Allow us to resolve to take the two-way commerce to $5 billion… Allow us to do it speedily. The time and tide await none,” the prime minister mentioned addressing a dinner reception hosted by the President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) Riffat Hisarciklioglu in his honour.

    The prime minister, together with a high-level delegation, is on his maiden go to to Turkey, since he assumed workplace on April 11, this yr. An enormous variety of businessmen from Turkey Pakistan Enterprise Discussion board, Turkish and Pakistani traders and officers from the Boards of Funding of Turkey and Pakistani attended the occasion.

    The prime minister mentioned the federal government had completed away with all of the impediments to the enterprise sector and urged the Turkish traders to speculate their capital in a number of sectors like agriculture, IT, dairy, textile, and plenty of different fields. “My traders are my masters. Come to Pakistan. We’ll genuinely roll out the purple carpet for them,” the prime minister remarked.

    The prime minister additionally assured the Turkish traders that they might face no hurdles of their future ventures in Pakistan, as they’d been doing during the last 4 years.

    He mentioned beneath the management of President Recep Tayyip Erdogan, Turkey had achieved large progress with its corporations executing gigantic initiatives in a number of fields together with dams and infrastructure constructing throughout the globe.

    Talking excessive of heat reception given to him and his delegation, the prime minister mentioned the 2 international locations loved fraternal relations, courting again centuries. He additionally thanked the Turkish individuals and the management for supporting Pakistan through the earthquake and floods, in addition to displaying its unwavering help for the Kashmir trigger. The prime minister additionally reiterated Pakistan’s stance to help Turkey on the Cyprus concern.

    The prime minister mentioned sadly the historic friendship didn’t replicate within the bilateral commerce which presently stood at $1.1 billion. He additionally talked about the contribution of the Turkish corporations in Pakistan within the discipline of strong waste administration and their eager curiosity in photo voltaic vitality initiatives.

    Referring to the latest launch of third PN MILGEM corvette for Pakistan Navy PNS BADR, the prime minister additionally known as for deepening the bilateral protection ties, calling the enemy of Turkey an enemy of Pakistan. He urged the businessmen from each side, attending the occasion, to have “coronary heart to coronary heart” talks for selling bilateral commerce and funding.

    Concerning some points confronted by the Turkish businessmen with visa, the prime minister assured to work out an choice of visa-on-arrival for the Turkish traders. “I assure you. The visa is not going to be a problem. It is best to come there and get stamped (visa) on the airport.”




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