Islamabad: Pakistan and Turkey are actively engaged in working for a preferential trade agreement between the two countries, and the private sectors of both countries, as represented by the national chambers, FPCCI and TOBB, are fully on board. Signing of such an agreement would go a long way towards enhancing the trade ties between the two countries. This was stated during a visit of a high-ranking delegation of Turkish businessmen from the steel sector to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Head Office in Karachi on March 8, 2012.
The Turkish delegates were welcomed at the Federation House by FPCCI Vice President Sheikh Haroon Rashid, who thanked them for visiting FPCCI to explore the mutually beneficial opportunities for commercial collaboration in iron and steel. Mr. Haroon Rashid paid tribute to Mr. Murat Mustafa On art, the Consul General of Turkey in Karachi, and Ms. Fisun Aktug, the Commercial Counsellor, for their services towards enhancing Pak-Turk trade, and appreciated the Turkish Consulate’s facilitation in ensuring quick issuance of visas.
Mr. Amjad Rafi, the Chairman of the Pak Turkish Business Council, urged both countries to pursue their Governments to sign the PTA, which would benefit both their trade. He mentioned that the Turkish steel sector would gain in particular from a PTA, because currently, Pakistan was importing most of its steel from China, Russia and Ukraine, but a PTA would allow Turkish steel manufacturers to compete better on the prices offered by these countries. Mr. Shamoon Baqir Ali stressed the importance upon Turkish manufacturers to appoint booking agents in Pakistan to further their coordination with the Pakistan market. Mr. Akbar Abdullah invited Turkish businessmen to consider the possibility of participating in the privatization bids for Pakistan Steel Mills.
Mr. Namik Kamal Ekinci, Chairman of the Board of Directors of the Steel Exporters Association of Turkey, thanked the business community for extending a warm welcome to the delegates. He mentioned that the visiting delegation comprised the representatives of fourteen companies engaged in steel production and trading.
While elaborating on the steel and iron industry of Turkey, he pointed out that Turkish steel was far superior in quality to the grades of steel produced by competitor countries. He agreed with the Pakistani side that signing a PTA would help Turkish firms compete better in the Pakistani market. The meeting concluded with an exchange of souvenirs on both sides.
For more information, contact:
Malik Sohail Hussain
Chairman FPCCI Standing
Committee on Media and PR
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
Tel: +9251 2251 891-3
Fax: +9251 2251 894
Cell: +92333 5155300; +92321 5155500