ISLAMABAD, Aug 28 (Alliance News): Pakistan and Turkiye underscored the importance of enhancing their trade and investment portfolio through more Government-to-Government (G2G) and Business-to-Business (B2B) arrangements, following the signing of the Trade in Goods Agreement 2022.
The agreement is seen as a significant milestone in achieving the bilateral trade target of USD 5 billion.
This commitment was reaffirmed during a farewell courtesy call by the Ambassador of the Republic of Turkiye, Mehmet Paçaci, on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, as stated in a press release issued by the finance ministry.
During the meeting, the Minister expressed his appreciation for the outgoing Ambassador’s efforts in strengthening the deep-rooted and brotherly relations between Pakistan and Turkiye, which are founded on shared faith, history, and cultural ties.
He reiterated Pakistan’s commitment to deepening its partnership with Turkiye across various sectors, including trade, investment, and technical cooperation.
The Minister also highlighted the recent progress made during the visit of the Turkish trade delegation to Pakistan, led by Turkiye’s Trade Minister, Prof. Dr. Omer Bolat. This visit opened new avenues for cooperation in sectors such as energy, agriculture, infrastructure, and technology.
In his farewell remarks, Ambassador Paçaci expressed his gratitude for the cooperation and support extended by the government during his tenure.
He conveyed his appreciation on behalf of the Turkish trade delegation and noted that these engagements would further solidify economic ties, unlocking vast potential for bilateral trade and investment. The Ambassador assured of Turkiye’s continued commitment to working towards the common goals of both nations.