Pakistan Turkey strategic economic framework on cards

Pakistan Turkey strategic economic framework on cards

ISLAMABAD - A preliminary meeting of the Committee for formulating the proposed Pak-Turkey Strategic Economic Framework was held in Islamabad today with Finance Minister Asad Umar in the chair.

Addressing the meeting, Finance Minister said proposal for establishment of the framework was discussed and agreed with the Turkish side during the recent visit of Prime Minister to Turkey.

The framework aims to enhance bilateral economic cooperation with particular focus on trade and investment.

The Minister made special mention of the exemplary headway that Turkey has made in the realm of tourism and said Pakistan could greatly benefit from its experience in developing its own tourism sector.

The meeting was attended by Federal Ministers Zubaida Jalal, Khusro Bakhtiar, Aamir Mehmood Kiani, Muhammad Mian Soomro and Chairman Board of Investment Haroon Sharif.

The Finance Minister directed the Ministries concerned along with the Board of Investment to provide their inputs for the proposed framework within two weeks.

He said it will be consolidated by the Economic Affairs Division as a draft document and subsequently finalized to be shared with the Turkish side.

The Minister said the framework would help boost the existing Pak-Turkey cooperation to a much stronger level.