Pakistan and Turkey Strengthen Economic Ties on OIC Sidelines

Pakistan’s Finance Minister Ishaq Dar recently met with his Turkish counterpart on the sidelines of the Organization of Islamic Cooperation (OIC) meeting. The two ministers discussed ways to strengthen economic ties between the two countries, with a focus on increasing trade and investment. The meeting was seen as a significant step towards enhancing bilateral relations between Pakistan and Turkey. During the meeting, Minister Dar highlighted the potential for Turkish investment in Pakistan’s energy and infrastructure sectors. He also emphasized the need for increased cooperation in the areas of trade and commerce. The Turkish minister expressed his country’s interest in investing in Pakistan’s economy, particularly in the areas of energy and construction. The two ministers also discussed the possibility of establishing a joint economic commission to promote trade and investment between the two countries. The meeting was part of a series of high-level engagements between Pakistan and Turkey, aimed at strengthening economic and strategic ties. Pakistan and Turkey have a long history of cooperation, with Turkey being one of the largest investors in Pakistan. The two countries have also cooperated closely on regional and international issues, including counter-terrorism and peacekeeping. The OIC meeting provided a platform for the two ministers to discuss issues of mutual interest and concern. The meeting was also attended by other senior officials from both countries, who discussed a range of issues, including trade, investment, and economic cooperation. The discussions were seen as a positive step towards strengthening economic ties between Pakistan and Turkey. The two countries have a significant potential for trade and investment, with Pakistan offering a large market and Turkey offering advanced technology and expertise. The meeting was also seen as an opportunity for Pakistan to learn from Turkey’s experience in economic development and reform. Turkey has made significant progress in recent years, with its economy growing rapidly and its infrastructure developing rapidly. Pakistan can benefit from Turkey’s experience in areas such as energy, construction, and tourism. The meeting was part of a broader effort by Pakistan to engage with international partners and attract foreign investment. The country has been facing economic challenges in recent years, including a large trade deficit and a shortage of foreign exchange. The government has been working to address these challenges, including through efforts to increase trade and investment. The meeting with the Turkish minister was seen as a positive step towards achieving these goals. The two countries are expected to continue their discussions in the coming months, with a focus on implementing the agreements reached during the meeting. The meeting was also seen as a significant step towards strengthening regional cooperation and promoting economic development in the region. The OIC meeting provided a platform for countries to discuss issues of mutual interest and concern, and to work together to promote economic development and cooperation. Pakistan and Turkey are both members of the OIC, and have been working closely together to promote regional cooperation and economic development. The meeting was seen as a positive step towards achieving these goals, and towards strengthening economic ties between Pakistan and Turkey.

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