PM asks Turkish traders to invest in Pakistan

Published January 4, 2019
Prime Minister Imran Khan said that trade between Pakistan and Turkey had remained quite low in the past and they could not get benefit of trade due to lack of road and rail routes. ─ Photo courtesy PTI Twitter
Prime Minister Imran Khan said that trade between Pakistan and Turkey had remained quite low in the past and they could not get benefit of trade due to lack of road and rail routes. ─ Photo courtesy PTI Twitter
KONYA: Prime Minister Imran Khan offers Fateha at the mausoleum of great Sufi saint Maulana Rumi on Thursday.—INP
KONYA: Prime Minister Imran Khan offers Fateha at the mausoleum of great Sufi saint Maulana Rumi on Thursday.—INP

ISLAMABAD: Prime Minister Imran Khan on Thursday invited Turkish businessmen and investors to invest in various fields and industries in Pakistan, including construction, tourism and exploration of natural resources.

Addressing the Turkish business fraternity at the Türkiye Odalar ve Borsalar Birligi in Ankara, the prime minister said the Belt and Road Initiative of China would bridge communication gap between Pakistan and Turkey and help increase trade between the two countries.

Prime Minister Khan, accompanied by his economic team, is on his first official two-day visit to Turkey.

In his late-night address, the prime minister said that trade between Pakistan and Turkey remained quite low in the past and they could not get benefit of trade due to lack of road and rail routes.

He said that with a population of 210 million people, including 120m below the age of 35 years, Pakistan was a big market for foreign investors.

Prime Minister Khan said that Pakistan had ample tourism attraction due to its fascinating hilly ranges, plains, sea and rivers. “Out of 12 highest peaks in the world, half of them are in Pakistan,” he added.

He said that his government had streamlined the governance system and removed red-tapism and hurdles in Pakistan to facilitate foreign investors. “We want to provide ease of doing business to the businessmen and investors for wealth and jobs creation,” he said.

The prime minister invited Turkish investors and construction firms to invest in his government’s five-year plan of building five million houses.

Earlier, the prime minister and his delegation arrived in Konya.

To pay homage to Maulana Jalaluddin Rumi, the prime minister and his delegation visited the great Sufi saint’s mausoleum. He also visited the symbolic grave of Allama Iqbal located in the graveyard where Maulana Rumi’s mau­soleum stands.

The prime minister was accompanied by Minister for Foreign Affairs Shah Mehmood Qureshi, Finance Minister Asad Umar, Minister for Plan­ning, Development and Reforms Makhdoom Khusro Bakhtyar, Adviser to the PM on Commerce, Textile, Industry and Production Razak Dawood and Special Assistant to the PM on Overseas Pakistanis Zulfikar Abbas Bukhari.

During the visit, the prime minister will also meet President Recep Tayyip Erdogan.

It is expected that the prime minister’s visit to Turkey will bring some respite in the prevailing economic crunch in Pakistan as some memoranda of understanding on trade and investment are likely to be inked between the two sides.

Published in Dawn, January 4th, 2019

Opinion

Gaming LNG
Updated 05 Aug 2021

Gaming LNG

What looked like rank incompetence about a year ago is now beginning to smack of malfeasance.
Healing the spirit
05 Aug 2021

Healing the spirit

ROC medal winners could not hear their national anthem being played.
Returning to a repressive order
Updated 04 Aug 2021

Returning to a repressive order

There is no sign of the Taliban showing any flexibility in their position and taking a more moderate stance.

Editorial

A tragic anniversary
Updated 05 Aug 2021

A tragic anniversary

Attempts to change IOK's demography should end and India must open channels with the genuine Kashmiri leadership.
05 Aug 2021

Currency pressure

THE increasing demand for dollars in the wake of surging imports and debt repayments has put significant pressure on...
05 Aug 2021

Protecting breastfeeding

A LOT has been said about the fact that 40pc of children under five years in Pakistan are stunted. The reasons...
PML-N’s dilemma
Updated 04 Aug 2021

PML-N’s dilemma

The road ahead for the PML-N is going to be long and bumpy no matter which narrative it follows.
04 Aug 2021

Attacks on cops

AMIDST cautious optimism that Pakistan may be finally beginning to achieve success in bringing the number of polio...
04 Aug 2021

Myanmar about-face

SIX months into the coup that sent Myanmar’s hybrid civ-mil government packing, the generals have made their...