KARACHI - Commercial Attaché at the Consulate General of Republic of Turkey in Karachi Murat Mustu has said that Turkey is ready to sign much-awaited Preferential Trade Agreement (PTA) with Pakistan as nothing was pending from the Turkish side but it was being delayed by Pakistani government.

Speaking at a meeting during his visit to Karachi Chamber of Commerce and Industry (KCCI) on Wednesday, Turkish Commercial Attaché said that with signing of PTA, concession on a number of goods will be granted to Pakistani exporters who will have the advantage to smoothly penetrate into the Turkish market by introducing their high-quality products and services.

Murat Mustu stated that both countries have been continuing to enjoy strong friendly and brotherly relations since past many decades and have been wholeheartedly supporting each other during difficult times.

“We are here as it is the desire of Turkish government to strengthen trade ties with Pakistan. We must make efforts to increase trade volume and investments in our countries”, he added.

Identifying various sectors in which Pak-Turk business communities could undertake joint ventures, Turkish Attaché mentioned that livestock sector has the potential to considerably raise Pakistan’s exports to Turkey as Pakistani meat was more delicious and cheaper when compared with Turkish meat. “Through collective efforts, we can certainly raise the existing trade volume to new heights”, he added.

He informed that a three-member delegation will be visiting KCCI on August 13, 2014 in order to brief KCCI members about 15th Musiad International Fair and 18th International Business Forum Conference scheduled to be organised at CNR Center in Istanbul from 26th to 30th November 2014. Besides Karachi, this delegation will also be visiting Lahore and Islamabad in order to seek advices on how to contribute in development of bilateral trade between the two countries. “Another two-member Turkish delegation will also be arriving in Pakistan soon to ensure participation of Pakistani businessmen in ‘Istanbul Jewellery Show’ scheduled to be staged from 16th to 19th October, 2014”, he added.