PM sets $5bn Pak-Turkey bilateral trade target for next 3 years

News Image

MG News | June 01, 2022 at 11:38 AM GMT+05:00

June 1, 2022 (MLN):  Prime minister of Pakistan Shehbaz Sharif on Tuesday while assuring his government’s all-out support, has asked the business community of Pakistan and Turkey to take the bilateral trade to the $5 billion mark within the next three years.

President of the Union of Chambers and Commodity Exchanges of Turkey, Rifat Hisarciklioglu in Ankara, hosted a dinner in honour in which he said, “The $1.1 billion trade is nothing… Let us resolve to take the two-way trade to $5 billion… Let us do it speedily. The time and tide wait for none,”

To note this is PM’s first-ever visit to turkey since he assumed on 11th April.

During the earthquakes and floods in Pakistan, the Turkish government and people supported a lot. Besides showing its unwavering support for the Kashmir cause. He also showed Pakistan’s stance to support Turkey on the Cyprus issue and thanked them as well.

He also mentioned the contribution of the Turkish companies in Pakistan in the field of solid waste management and their keen interest in solar energy projects.

“My investors are my masters. Come to Pakistan. We will genuinely roll out the red carpet for them,” the prime minister said. He further urged Turkish investors to invest their capital in multiple sectors like agriculture, IT, dairy, textile, and many other fields.

“I guarantee you. The visa will not be an issue. You should come there and get stamped (visa) at the airport.” The prime minister remarked, which means that the Turkish investors would get an on-arrival visa.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 175,927.74
343.88M
0.07%
124.95
ALLSHR 106,419.79
671.14M
-0.14%
-148.49
KSE30 52,615.81
89.17M
0.23%
118.13
KMI30 247,816.35
125.20M
0.20%
492.98
KMIALLSHR 68,232.70
442.45M
-0.12%
-82.56
BKTi 50,085.21
22.82M
0.30%
149.09
OGTi 34,742.63
8.07M
-0.04%
-15.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,550.00 65,755.00
65,165.00
365.00
0.56%
BRENT CRUDE 88.60 88.99
88.28
-0.62
-0.69%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.25
-1.17%
ROTTERDAM COAL MONTHLY 119.80 0.00
0.00
0.10
0.08%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 82.29 82.74
81.92
-0.19
-0.23%
SUGAR #11 WORLD 14.81 14.94
14.73
-0.02
-0.13%

Chart of the Day


Latest News
July 21, 2026 at 02:06 AM GMT+05:00

Govt raises HSD price by Rs5.71, cuts petrol by Rs0.35


July 20, 2026 at 06:58 PM GMT+05:00

Bank deposits surge 15% in May


July 20, 2026 at 06:42 PM GMT+05:00

Bank deposit rate falls by 29bps in Jun


July 20, 2026 at 06:23 PM GMT+05:00

Overseas investors repatriate $2.3bn in 12MFY26



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg