Erdogan: We agreed with Pakistan to increase the volume of commerce to $ 5 billion economy


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Turkish President Recep Tayyip Erdogan said he agreed with Pakistani Prime Minister Shahbaz Sharif to intensify efforts to reach the objective of increasing the volume of inter-trade to $ 5 billion.

This took place during a press conference with Sharif on Thursday after their meeting in the Pakistani capital, Islamabad, visited by Erdogan as part of an Asian tour which included Malaysia and Indonesia.

Erdogan expressed his happiness with the visit of Pakistan, whom he considers his second house, and said that he had discussed with the honorable bilateral relations and regional and global developments, stressing that the two countries have agreed to strengthen the relations and that they signed 24 notes in notes in this context.

He stressed that the notes concluded include the fields of trade, water sources, agriculture, energy, culture, social services, sciences, banks, education, defense and health.

He said the Turkish government encourages Turkish investors to carry out commercial activities in Pakistan.

“We encourage our investors – who are the locomotive of economic cooperation – to carry out more activities in Pakistan. We agree on opinions with the Prime Minister (Shahbaz Sharif) on the need to intensify our efforts to Reach the goal of the commercial volume of $ 5 billion.

Part of a session of the Turkish Strategic Cooperation Council in Islamabad (Anatolia)

Deep strong relationships

For his part, the head of the Turkish Affairs Council at the Council of Foreign Economic Relations, Attila Demir Yerli Kaya, said that Turkey is one of the greatest foreign investors in Pakistan, where its direct investments exceeded a billion dollars.

In an interview with Anatolia, Kaya said that Erdogan’s visit to Pakistan reflects the depth of historical relations and strong cultural and economic roots that bring the two countries.

He stressed that “our objective is to deliver the volume of bilateral trade to $ 5 billion, and we continue to build bridges between the worlds of Turkish and Pakistanis to achieve the objective”.

He pointed out that one of the main objectives of the council it leads is to persuade Turkish companies that Pakistan is not only a market, but a strategic partner for long -term growth and to work according to this future vision .

Kaya stressed that the strategic location of Pakistan qualifies its one of the most important corridors of trade, energy and transport in Asia, indicating that it is a bridge between the countries of Asia Central Rich in energy and the Gulf States with strong financial resources, and the maximum of the maximum economy of the Far East, which gives it great investment capacities.

He explained that the geo-strategic advantages make Pakistan an investment market with enormous capacities.

Kaya noted that Pakistan has an increasing local market and promising export opportunities in the institutional agriculture sectors, the production of fruits, vegetables and cattle.

He explained that the logistics services sector for the cooling series and agricultural technologies, and the export of halal meat have great potential to obtain high yields.

He also pointed out that Pakistan includes more than 600,000 information technology specialists and around 300,000 self -employed workers in the digital field, which improves a rapidly growing technological environment.

On renewable energy projects, Yerli Kaya stressed that Pakistan offers important opportunities in solar energy and wind energy projects, noting that it is possible to invest in the development of the infrastructure of the sectors Transport and logistics services, which strengthens Pakistan as a regional shopping center.

He pointed out that Pakistan has enormous precious precautions such as copper, gold and chrome, stressing that investment in mining technology and mineral treatment can contribute to the exploitation of the complete capacities of this sector.



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