Introduction:
In a significant push to strengthen economic ties, Prime Minister Shehbaz Sharif has called for concerted efforts to enhance Pakistan-Türkiye bilateral trade. The goal is to achieve an ambitious annual trade target of $5 billion, a move that underscores the deepening partnership between the two nations.
Aiming for Growth
Prime Minister Shehbaz Sharif’s remarks came during a meeting with the Turkish Ambassador to Pakistan, H.E. Dr. Mehmet Pacaci. The Prime Minister emphasized the need for both countries to collaborate across various sectors, including trade, defense, connectivity, and culture, to reach the trade target.
Historical and Cultural Ties
The relationship between Pakistan and Turkiye is rooted in a shared history, religion, and culture. These ties have laid a strong foundation for the two countries to build upon, particularly in the realm of economic cooperation.
Strategic Cooperation
The Prime Minister also highlighted the strategic cooperation between Pakistan and Turkiye, expressing gratitude for Turkiye’s consistent support on core issues, such as the situation in Indian Illegally Occupied Jammu & Kashmir (IIOJK). Similarly, Pakistan reaffirmed its support for Turkiye on the issue of the Turkish Republic of Northern Cyprus (TRNC).
Future Engagements
Looking ahead, Prime Minister Shehbaz Sharif reiterated his invitation to President Recep Tayyip Erdogan to visit Pakistan. Such a visit could provide a valuable opportunity for both sides to engage in extensive consultations during the 7th session of the High-Level Strategic Coordination Council (HLSCC), further cementing the fraternal ties between the two countries.
Conclusion:
The call to boost bilateral trade to $5 billion is a testament to the growing partnership between Pakistan and Türkiye. It reflects a mutual commitment to leveraging their historical and cultural bonds to achieve economic prosperity and regional stability.
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