Turkish delegation underscores need for signing Pakistan-Turkey FTA

KARACHI: Members of a delegation from Turkey on Monday underscored the need for signing the Free Trade Agreement (FTA) between Pakistan and Turkey with a view to boost the existing trade ties.

The Turkish delegation was led by Dr. Guven Uckan Vice President of Electrical Electronics and Services Exporters Association (EESEA) Turkey, comprising Mehmet Kavakhoglu Vice President EESEA, Atilla Eren Member Management Board EESEA and Hakan Ozturk Member Management Board EESEA while Murat Mustu Commercial Attaché of Consulate General of Turkey also accompanied the delegation.

The Leader of the delegation, Dr. Guven Uckan said that Turkish companies want to enhance business with Pakistan by holding business-to-business meetings and seek ways on how to do business together. “We want to do business by undertaking joint ventures either in your country or in our country and we are looking forward to sharing technology with Pakistan”, he added.

Dr Uckan hoped that FTA between the two countries will soon be inked, which would surely create a win-win situation for the business communities of the two brotherly countries.

Exchanging views during their visit to the Karachi Chamber of Commerce and Industry (KCCI), Murat Mustu Commercial Attaché of Turkish Consulate mentioned that high quality textile machineries were being produced in Turkey and the same were being exported to the European Union. “These products were much better as compared to similar machineries being produced by China. These machineries and electrical equipment can also be exported to Pakistan but the Custom duty rates were a bit high which can only be reduced by signing the FTA which was currently being negotiated,” he added.

The delegation members, representing Turkish electrical appliances sector, expressed keenness to share technology and undertake joint ventures with their counterparts in Pakistan.

Younus Mohammad Bashir President KCCI, Zia Ahmed Khan Senior Vice President, Mohammad Naeem Sharif Vice President, Mohammad Ibrahim Kasumbi Former SVP, Mohammad Idrees Chairman KCCI Special Committee warmly welcomed the delegation.

While welcoming the delegation, Younus Mohammad Bashir President KCCI said that it was heartening to note that numerous delegations representing various sectors of Turkish economy have been visiting KCCI from time to time with a view to look for opportunities of enhancing trade and investment between the two brotherly countries.

This is not the first that any Turkish delegation paid a visit to Pakistan in fact a similar delegation from Jewellers Association of Turkey also visited Karachi last year which succeeded in building goods business relations with their counterparts here in Pakistan.

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