Turkey’s Erdogan arrives in Islamabad on two-day official go to

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Turkey’s Erdogan arrives in Islamabad on two-day official go to

ISLAMABAD: Turkish President Recep Tayyip Erdogan arrived in Isalmabad on a two-day go to to Pakistan on Thursday together with a large delegation of enterprise leaders for targeted conferences which will fetch export and import orders for either side.

Prime Minister Imran Khan arrived on the Noor Khan airbase to personally obtain the Turkish president.

The prime minister was accompanied by the members of the federal cupboard.

A senior official from the commerce ministry mentioned on Wednesday that the enterprise to enterprise interplay between Pakistan and Turkey is ready to start from Thursday (at the moment).

The Turkish president can even deal with a joint session of the Parliament on February 14.

This is the second time that the Turkish president has visited Pakistan since he assumed workplace in 2014. Before turning into president, Erdogan had additionally visited Islamabad twice because the prime minister of Turkey.

Over 60 corporations and 100 delegates from Turkey are accompanying Erdogan on his go to, The News mentioned, citing sources from the commerce ministry. The Turkish delegation is predicted to carry talks on numerous sectors of the financial system with enterprise leaders in Pakistan.

The business-to-business conferences will cowl commerce, funding, cooperation on tourism, navy procurement, protection business, vitality, textile, meals, livestock, import and export, airways, actual state, commerce, transport, agriculture, jewellery, and automotive building.

At the official stage, the sixth spherical of the Pakistan-Turkey High-Level Strategic Cooperation Council (HLSCC) can even be held, the publication reported. The HLSCC works as a joint cupboard assembly co-chaired by the 2 prime leaders from either side.

The HLSCC features via Joint Working Groups. In the case of Pakistan, six JWGs have been shaped in December 2010. The conferences of the Joint Working Groups can be held on i) Trade and Investment; ii) Energy; iii) Transport and Communication; iv) Culture and Tourism; v) Education, and vi) Finance and Banking.

The JWG on Trade and Investment is predicted to debate all the problems hampering the expansion of bilateral commerce. Pakistan may ask for a consensus mechanism paving the way in which for a free commerce settlement (FTA) acceptable to each international locations, sources informed The News.

The present commerce quantity between the 2 international locations has dropped drastically from $1.08 billion to $792 million after the imposition of a protecting responsibility on textiles by Turkey. Turkey imposed an 18% protecting responsibility on textiles lately, resulting in a decline in exports from Pakistan.

Pakistan anticipated Turkey, being a part of the customs union with the European Union, to supply Islamabad entry to the Turkish market beneath a standing just like the GSP Plus, however the settlement on this regard has not been not forthcoming.

Rumours of Pakistan-Turkey ties have suffered will die down: FM Qureshi

Foreign Minister Shah Mahmood Qureshi spoke to Geo News, saying that Pakistan had no reservations if Turkey wished to put money into the China-Pakistan Economic Corridor (CPEC).

“We have invited every country that is friends with Pakistan to invest in CPEC,” he mentioned. “Pakistan would have no reservations if Turkey wishes to invest in the project.”

In response to a query about PM Imran’s last-minute choice to not attend the Kuala Lumpur go to, the international minister mentioned that Turkey “was a friend and understood our situation”.

“Turkey understands our point of view and it stands with us,” he mentioned. Qureshi mentioned that PM Imran’s latest go to to Malaysia confirmed that Pakistan had traditionally loved exemplary relations with Malaysia and the state of affairs had not modified.

He appreciated President Erdogan for being extraordinarily clear on the difficulty of occupied Kashmir and supporting Pakistan’s stance wholeheartedly. “He has supported the Kashmir cause and shown that he stands with Pakistan and Kashmiris,” he mentioned.

Qureshi mentioned Erdogan’s go to will enhance ties between the 2 international locations as round 200-250 businessmen are accompanying the Turkish president to discover enterprise prospects.