Iftikhar Ali Malik hoped that Prime Minister Imran Khan's tour to Turkey would not only help Pakistan boost its export besides exploring new trade potential between the two countries.
He said that improved cooperation and coordination among the Muslim countries could increase multilateral trade by 25 percent". This needs establishment of trade preferential systems and other legal frameworks along with effective mobilisation of financial and infrastructure support. Currently, trade amongst the Muslim countries accounts for six percent of the global trade and only 19 percent of the total trade of these countries, he added.
Highlighting the importance of trade and cultural relation with Turkey, Malik said "Pakistan highly values its relations with Turkey, and this is good omen for Pakistan that the government under dynamic leadership of Prime Minister Imran Khan wanted to further strengthen relations between Islamabad and Ankara.
He said at this juncture, we are able to build on the historic relationship by encouraging investors on both sides to make use of the business and cooperation opportunities. He also proposed having a dialogue with the business community in both the countries and make room for having more agreements to launch new initiatives.
He said Turley is invited to invest in the mega-project of the China-Pakistan Economic Corridor (CPEC), as it will be beneficial for both the countries. Besides, it would connect those parts of the world which had been no or less connectivity, he said adding that the issue of huge distance impeding Pak-Turkish trade would also be resolved, he added.