Islamabad: The government has developed a coordinated strategy in collaboration with the Special Investment Facilitation Council (SIFC) to promote investment. This initiative aims to strengthen economic ties and facilitate business operations, particularly for Turkish companies looking to invest.
According to Radio Pakistan, SIFC has played a crucial role in simplifying business processes for Turkish enterprises, making it easier for them to navigate the investment landscape. As part of these efforts, Pakistan and Turkey have taken practical steps to achieve a five billion dollar trade target.
The two nations are set to further enhance cooperation across various sectors, including tourism, education, IT, infrastructure, and defense. Additionally, they aim to facilitate the transfer of modern technology. Under the Free Trade Agreement, Pakistan and Turkey have also agreed to broaden the scope of trade in goods, signaling a commitment to deeper economic collaboration.