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Home Sector Trade

Turkey invites Pakistan’s private sector to explore joint ventures

27 January 2021
in Trade
Reading Time: 2 mins read
Turkey invites Pakistan's private sector to explore JVs

Turkey invited Pakistan’s private sector on Tuesday to discuss trade and investment joint venture opportunities with its counterparts, while expressing an interest in helping to grow the tourism sector and to cooperate in the field of information and technology.

Turkish Consul General Tolga Ucak said the business community should begin online exchanges with their Turkish counterparts immediately and then look at them.

In the post-COVID situation, the prospect of sending a business delegation to Turkey to pursue new ways of trade and trade.

Cooperation for investment in various sectors of the economy.

“In numerous sectors of the economy, business communities can collaborate with each other, especially in the information technology sector, as Pakistan’s software companies are doing very well, while there is also the potential to improve cooperation in the tourism, education and automotive sectors,” Ucak said during a meeting with a delegation of the Karachi Chamber of Commerce and Industry (KCCI).

The Turkish envoy stressed the need to facilitate joint ventures in various sectors of industry.

Economy, while Turkey can also assist with the establishment of a tram service system in Karachi, particularly from the sea view coastal line.

The envoy expressed keenness to reinforce trade and investment relations between the two countries’ business communities. The Turkish Consulate’s commercial section in Karachi is ready to fully assist the business and industrial community of Karachi with the goal of enhancing trade and investment relations with their Turkish counterparts. In order to deal with trade-related disputes and safeguard the interests of consumers,

Proposed the creation of a committee for the private-to-private sector between the two countries

KCCI President Shariq Vohra said the bilateral relationship is not reflected in the current trade that remains confined to millions of dollars.

Source: The News

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