Turkey to cement ties with Pakistan by boosting trade

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Xinhua, Ankara :
Turkish Prime Minister Ahmet Davutoglu is set to visit Pakistan to hold an inter-governmental conference with a focus on boosting business and economic ties between the two countries, Turkish analysts said.
The Turkish prime minister will be accompanied by a large business delegation during the two-day visit on Tuesday and Wednesday, and several cooperation agreements are expected to be signed between the high-ranking officials.
“This is an important visit to boost already cordial ties between the two countries by taking further concrete steps to cement relations especially in business,” Mehmet Seyfettin Erol, professor of international relations at Ankara-based Gazi University, told Xinhua.
“For years business and economic ties have been underperforming and are not at an attractive level of diplomatic and political relations,” he said.
Davutoglu’s visit is part of the 4th meeting of High Level Strategic Cooperation Council, an intergovernmental conference to fast track relations in many areas by involving Prime Ministers of both countries and a few cabinet members in the meetings. It was first set up in October 2009.
Davutoglu’s visit is the first as Prime Minister since he assumed office last August, although he frequently travelled to Pakistan as foreign minister.
Pakistan’s foreign ministry issued a statement Monday stating there would be official meetings in six key areas comprised of finance and banking, trade, energy, transport and communications, education, culture and tourism.
“The two prime ministers will also attend the 2015 Pakistan-Turkey Business Forum,” the statement noted.
The trade volume between the two countries was recorded as 696 million U.S. dollars in 2014, according to Turkish government data, a decrease of some four percent from 2013.
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