Xinhua, Ankara :
Turkey and Pakistan have finalized negotiations on free trade agreement (FTA), and wished to sign the deal as soon as possible, Turkish Customs and Trade Minister Bulent Tufenkci said on Friday.
“I believe that trade relations with Pakistan will and must boost,” Tufenkci said in a statement after meeting with Pakistan’s Commerce Minister Muhammad Pervaiz Malik accompanied by a delegation.
He highlighted that Turkey attaches the importance to a proposed regional trade corridor linking Islamabad, Tehran and Istanbul.
Turkey and Pakistan inked the FTA Framework in the Pakistani capital Islamabad last March.
Trade volume between the two countries stood at around 610 million U.S. dollars in 2016, according to the Turkish Statistical Institute.
Turkey mainly exports Pakistan telecommunication equipment, television, textile and machinery, and imports textile yarn, cotton fabrics, plastics and organic chemicals from Pakistan.
Turkey and Pakistan have finalized negotiations on free trade agreement (FTA), and wished to sign the deal as soon as possible, Turkish Customs and Trade Minister Bulent Tufenkci said on Friday.
“I believe that trade relations with Pakistan will and must boost,” Tufenkci said in a statement after meeting with Pakistan’s Commerce Minister Muhammad Pervaiz Malik accompanied by a delegation.
He highlighted that Turkey attaches the importance to a proposed regional trade corridor linking Islamabad, Tehran and Istanbul.
Turkey and Pakistan inked the FTA Framework in the Pakistani capital Islamabad last March.
Trade volume between the two countries stood at around 610 million U.S. dollars in 2016, according to the Turkish Statistical Institute.
Turkey mainly exports Pakistan telecommunication equipment, television, textile and machinery, and imports textile yarn, cotton fabrics, plastics and organic chemicals from Pakistan.
