Pakistan has reaffirmed its commitment to achieving the $5 billion bilateral trade target with Turkiye and invited further Turkish investment, particularly in Special Economic Zones (SEZs).
The commitment was reiterated during a meeting between Turkish Ambassador Irfan Neziroglu and Minister of State for Finance and Revenue Bilal Azhar Kayani in Islamabad on Friday. According to a Finance Division press release, both sides discussed cooperation in trade, investment and energy.
Kayani welcomed Turkish companies’ interest in investing in Pakistan and called for stronger economic ties to translate into increased trade volumes. He also appreciated Turkish firms’ participation in the Pakistan Minerals Investment Forum 2026 and their interest in the privatisation of power distribution companies (DISCOs).
The minister identified minerals, maritime activities and ship breaking as potential areas for further cooperation. Both sides also agreed to renew efforts to expand the Pakistan-Turkiye Trade in Goods Agreement, develop practical trade targets and hold further meetings to strengthen bilateral economic relations.
The $5 billion trade target has been discussed by both countries for several years, with previous commitments made in 2020 and renewed in 2025.
