Times of Islamabad

Turkish President Tayyip Erdogan to arrive in Pakistan, will make big announcement in trade and defence sector

Turkish President Tayyip Erdogan to arrive in Pakistan, will make big announcement in trade and defence sector

KARACHI – Turk Consul General in Pakistan, Tolga Ucak on Tuesday saidPresident of Turkey Recep Tayyip Erdogan will visit Pakistan next month,and he would formally make investment related announcement during thevisit.He was speaking at the inauguration ceremony of TurkishElectricalElectronics and Services Exporters’ Association of (TET)sartorial B2B meetings between Turkish and Pakistani businessmen, said astatement.Ucak said that Turkey had an unbreakable bond with Pakistan, whichwould only grow stronger with the passage of time. Turkey favoured abalance trade with Pakistan, he added.Turkey would extend all cooperation in the defense sector as wellas play its due role in the promotion of technology and trade with itsbrotherly state of Pakistan, Turkish CG said.He said Turkish government was fully interested in projectsunder China Pakistan Economic Corridor (CPEC), adding that Turkishauthorities were already in talks with Pakistan’s side for participationin these projects.Tolga Ucak said that total trade turnover of Turkey was $200billion, and balanced trade between the two countries would largelybenefit Pakistan and increase its exports.Turkish Consul General said that “we wish that Pakistan’s SMEsector should grow, which is the prime employment generator in aneconomy.”Member TET Hakan Ozturk said they would hold meetings with thebusiness community and trade bodies in Karachi and Lahore during their5-day visit to promote bilateral trade and business.Vice President E-commerce Gateway Umair Nizam informed that a20-member delegation representing 13 leading Turkish companies, wouldsign agreements with Pakistani companies in electrical and electronicssectors.The TET delegation would also hold B2B meetings with thebusinessmen in Lahore.