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PM invites Turkish businessmen to invest in Pakistan

MM News Staff by MM News Staff
June 1, 2022
Reading Time: 2 mins read

ISLAMABAD: Prime Minister Shehbaz Sharif has stressed the need to tap the huge potential and opportunities to promote trade relations between Pakistan and Turkey.

Addressing the Turkey-Pakistan Business Council in Ankara on Wednesday, the prime minister said that both the countries have immense opportunities for cooperation in the textile industry and a joint strategy will further boost the industry.

The prime minister invited the Turkish business community to invest in Pakistan and the government will provide all possible facilities.

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He said both countries have supported each other in critical times during earthquakes, floods, and other natural disasters. He said through a joint adventure, the two countries can rapidly move on the path of development and prosperity.

Shehbaz Sharif said the government is taking effective steps to meet the current economic challenges being face by Pakistan.

The prime minister also invited Turkish investors to invest in Pakistan in the fields of hydro, solar and wind power projects. He lauded the Turkish investment in solar parks in Pakistan as well.

Shehbaz Sharif said Pakistan will be capable to produce 40,000 megawatts hydroelectricity after construction of dams in the country.

He said Pakistan wants to take the benefits from Turkish capabilities in diverse sectors as it has immense experience in construction of dams, production of cheaper electricity and manufacturing vehicles.

The prime minister said that Turkish investments in the country will also lead to profit for their business community besides the development of Pakistan.

Turkish FM meeting

Prime Minister Shehbaz Sharif met Turkish Foreign Minister Mevlut Cavusogluand discussed ways to promote bilateral relations between Pakistan and Turkey.

Foreign Minister Bilawal Bhutto Zardari was also present. The meeting also discussed the promotion of cooperation in different sectors, particularly trade, investment, education, communication and culture.

PM Shehbaz Sharif said the historical and brotherly relations between Pakistan and Turkey were witnessing a new dimension leading to the progress of the two nations.

He said Pakistan and Turkey had a similarity of views on international issues and the people of the two countries stood by each other in difficult times.

He said there was a strong relationship of mutual trust and respect between Pakistan and Turkey, which had turned into strong economic relations.

Shehbaz said Turkey made rapid progress under the leadership of President Recep Tayyip Erdogan, terming it a role model for other nations.

The Turkish foreign minister said Turkey and Pakistan had deep-rooted relations and expressed his government’s desire to strengthen ties in multifarious areas.

 

 

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