Recep Tayyip Erdoğan
HEADLINE

Erdoğan to visit Pakistan next month; big investment announcements likely

KARACHI – Turk Consul General in Pakistan Tolga Ucak has said that President of Turkey Recep Tayyip Erdoğan will visit Pakistan next month, and he would make big investment related announcement during the visit.

Ucak said that Turkey had an unbreakable bond with Pakistan, which would only grow stronger with the passage of time. Speaking at the inauguration ceremony of Turkish Electrical Electronics & Services Exporters’ Association of (TET) sartorial B2B meetings between Turkish and Pakistani businessmen on Tuesday, he said Turkey favored a balance trade with Pakistan. The event was organized by Ecommerce Gateway.

“Turkey would extend all cooperation in the defense sector as well as play its due role in the promotion of technology and trade with its brotherly state of Pakistan,” Turkish CG said.

He said Turkish government was very much interested in projects under China Pakistan Economic Corridor (CPEC), adding that Turkish authorities were already in talks with Pakistan’s side for participation in these projects.

Tolga Ucak said that total trade turnover of Turkey was $200 billion, and balanced trade between the two countries would largely benefit Pakistan and increase its exports.

Turkish Consul General said the B2B event organized by Ecommerce Gateway would provide Pakistan’s Small and Medium Enterprises (SMEs) with an opportunity to explore business opportunities with their Turkish counterparts. “We wish that Pakistan’s SME sector should grow, which is the prime employment generator in an economy.”

Member TET Hakan Ozturk said they would hold meetings with the business community and trade bodies in Karachi and Lahore during their 5-day visit to promote trade and business between the two countries.

Vice President Ecommerce Gateway Umair Nizam informed that a 20-member delegation representing 13 leading Turkish companies would sign agreements with Pakistani companies in electrical and electronics sectors. The TET delegation would also hold B2B meetings with the businessmen in Lahore.