Pakistan and Turkey have signed a Goods in Trade agreement to strengthen bilateral relations.
Prime Minister Shehbaz Sharif, while describing the signing as a great milestone, said that new opportunities would be opened between the two countries.
The PM said that the trade agreement would help the two countries to achieve higher heights of enhanced trade and investment. He reiterated unlimited potential and outstanding commitment between the two countries.
Stressing over implementation upon the agreement in letter and spirit, the premier said,” It would show the world that we mean business.”
The trade agreement was signed by Minister of Commerce Syed Naveed Qamar and Turkey’s Minister of Trade Dr. Mehmet Mus in Islamabad on Friday. PM Shehbaz Sharif witnessed the ceremony of signing the agreement.
The Turkish minister, at the signing, said that he believed that bilateral trade would be enhanced and the agreement would be helpful to achieve target of five billion US dollars.
Naveed Qamar said that concessions in trade of goods have been given to both the countries under the agreement. He added that Turkey has given concessions to Pakistan on 231 tariff lines while Pakistan has given concessions on 130 lines. The minister further said that the agreement was just a beginning.
During his visit to Turkey in May-June, PM Shehbaz had stressed the need for tapping the potential of the historic ties between the two countries.