Pakistan and Turkiye have pledged to increase their bilateral trade from $1 billion to $5 billion, signifying a robust commitment to enhance economic and defense cooperation. This announcement emerged during Turkish Foreign Minister Hakan Fidan’s state visit to Pakistan, signaling a milestone in the longstanding alliance between the two countries.
At a press briefing in Islamabad, Turkish Foreign Minister Hakan Fidan, alongside Pakistani counterpart Ishaq Dar, declared the revised trade target. Fidan’s visit, beginning Sunday, focuses on expanding collaborative efforts across various sectors such as defense, banking, science, technology, and innovation.
This revised trade objective traces back to an initiative by Pakistani Prime Minister Shehbaz Sharif, who proposed the $5 billion target during his 2022 visit to Turkiye. Sharif encouraged entities within both nations to seize the vast opportunities presented by their historic connections.
Addressing regional dynamics, Fidan expressed concern over the situation in Afghanistan and its ramifications for stability. He criticized external support for conflicts in the Middle East, particularly the military interventions in Palestine, and advocated for a two-state solution based on historical precedents to resolve the Israel-Palestine conflict.
“The global community should prioritize a two-state resolution to the Israel-Palestine situation,” stated Fidan, underscoring Turkiye’s intent to amplify the Islamic world’s perspective on global stages.
Fidan’s engagements, which included extensive dialogues with key Pakistani figures such as Prime Minister Shehbaz Sharif, lay the groundwork for imminent high-level talks aimed at reinforcing bilateral ties. This alliance not only promotes regional stability but also strategically positions Pakistan due to its pivotal geographic and economic status.
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