Turkey will benefit from investing in Pakistan, says PM


ANKARA: Prime Minister Nawaz Sharif said on Tuesday that Turkish investors would benefit from investing in Pakistan, DNA reported.
Mr Sharif said this during a three-day visit to Turkey on the invitation of his Turkish counterpart Recep Tayyip Erdogan to promote trade and economic ties between the two countries.The prime minister said that Pakistan enjoyed brotherly relations with Turkey. He also expressed his desire to further economic relations with Turkey.

During his stay in Turkey, the prime minister is scheduled to meet President Abdullah Gul and co-chair the third session of the High Level Cooperation Council (HLCC).

The HLCC was established during Mr Erdogan’s visit to Pakistan in October 2009 and its first session was held in December 2010 in Ankara and the second in May 2012 in Islamabad.

The council is mandated to oversee the partnership and intensify cooperation between the two countries. Key cabinet ministers and senior officials are expected to accompany Mr Sharif.

The premier’s talks with the Turkish leadership and his interaction with Turkish businessmen are expected to serve as an opportunity to look for ways and means to fulfil Pakistan’s desire for forging a strategic partnership with Turkey, aimed at bringing a qualitative and quantitative change in economic and trade relations.

Mr Sharif is also expected to discuss with the Turkish leadership regional and global issues, particularly the developments in the Middle East.

Several memorandums of understandings and agreements covering a wide range of areas such as security, finance, housing, education, culture, science and technology and trade are expected to be signed during the visit.

Prime Minister Sharif will also address a business forum in Istanbul to be attended by Turkish investors and entrepreneurs.