Pakistan, Turkiye to review trade agreement

Pakistan and Turkiye discussed on Thursday the need to revamp their preferential trade agreement with a view to addressing existing challenges and unlocking the business potential between the two countries. The understanding was reached at a meeting between Commerce Minister Jam Kamal Khan and his Turkish counterpart, Prof Dr Omer Bolat. According to an official announcement, the two ministers explored the possibility of reviving and strengthening the D8 Preferential Agreement to boost trade among member countries. Omer Bolat said although Turkish investors faced problems in Pakistan, nearly all of them were eager to expand their investments. The Turkish minister revealed that during the visit, 21 agreements would be signed in key sectors such as services, tourism, education, IT, defence and infrastructure.