Private sectors co-op to boost Pak-Turkey trade

[A.Rafay]

ISLAMABAD - Turkish Commercial Consular Ruhi Deniz visited ICCI and discussed ways and means to explore and create joint venture opportunities between the two countries.He said that Turkish investors were well aware of the fact that there were ample opportunities available to them in various sectors in Pakistan. He said that both the countries have marvelous untapped business potential that needs to be exploited by maximising involvement of private sectors of both countries.He said that Turkey has vast experience of exploiting hydro and other energy sources, both the countries could cooperate in this area on priority basis. He also called for more frequent exchange of business delegations so that the two sides could have first-hand knowledge of the available opportunities in Pakistan and Turkey. Zafar Bakhtawari, President ICCI said that Pakistan and Turkey have historic brotherly relations, thus both the countries should further strengthen the mutual trade relations by promoting business relations.ICCI President expressed that it is the need of the hour to explore possibility of joint ventures between Turkey and Pakistan. He said that there are tremendous chances of collaboration between Turkey and Pakistan for manufacturing of textile machinery in Pakistan.He said that we can strengthen our economy by adopting development and progress of Turkey as a model in numerous sectors especially energy as energy is an important issue for Pakistan’s economic growth.Bakhtawari said that many Turkish companies made investment in Pakistan in various sectors like energy and chemical and we are looking for others Turkish companies to invest in others fields as score of incentives are being provided by the government to the investors.He said all Muslim countries should further promote and strengthen their economic ties and cooperation for exploiting the existing potential and ensuring maximum possible trade exchange.
ICCI President also stressed the need for further cooperation by Turkish Air Line to make possible foe Pakistan to have direct air link with various countries like Azerbaijan, thus, by making a flight to Islamabad via Baku (Azerbaijan) would create a direct link between Azerbaijan and Pakistan as well.

Private sectors co-op to boost Pak-Turkey trade | The Nation