Pakistan and Turkiye on Friday signed the preferential trade agreement (PTA) or Trade in Goods Pact, allowing in principle both countries greater access to each other’s markets. The PTA was signed by Turkish Minister for Trade Mehmet Mus and Federal Minister of Commerce of Pakistan Naveed Qamar in Islamabad.
Speaking on the occasion, Prime Minister Shehbaz Sharif said “it is a great moment and a milestone for our historical and brotherly relations” with Turkiye.
Pakistan, Turkiye to sign PTA today
“This has been a subject of discussion for past many years and finally it has been achieved due to untiring efforts of both sides,” he said, while appreciating the vision and leadership of Turkiye President Tayyip Erdogan.
PM Shehbaz also stressed that the Trade in Goods Pact would open new vistas of opportunities for both countries given that their “potential is unlimited and capacity is beyond anyone’s imagination.
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“The signing of PTA would help the two sides grow to new heights in terms of enhanced trade and investment,” he said. “We had been longing for this moment. We want to let the world know that we mean business,” PM Shehbaz said.
