PM Shahbaz, President Erdogan Commit to Boosting Pakistan-Turkiye Trade and Investment

PM Shahbaz, President Erdogan Commit to Boosting Pakistan-Turkiye Trade and Investment

Report By Syed Farzand Ali

Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan reaffirmed their commitment to unlocking the full potential of bilateral trade and investment, aiming for a $5 billion trade volume.

✅ 30% Trade Growth in 2024 – President Erdogan acknowledged the steady rise in trade but emphasized the need for faster expansion.
✅ Free Trade Agreement (FTA) Proposal – Both leaders discussed expanding the preferential trade agreement into a full-fledged FTA for balanced growth.
✅ Enhanced Connectivity – Focus on reviving the Islamabad-Tehran-Istanbul railway, leveraging CPEC, and boosting road and rail links.
✅ Strategic Investment Sectors – Opportunities in energy, IT, healthcare, agriculture, and infrastructure.

PM Shehbaz assured government support to convert agreements into actionable projects.
Pakistan-Turkiye Unity – Both nations vowed to stand shoulder-to-shoulder for regional peace, reaffirming support for Gaza and Kashmir.

This visit marks a new era in Pakistan-Turkiye economic cooperation, paving the way for accelerated trade, investment, and strategic collaboration.