At Islamabad talks, Pakistan and Turkiye pledge to take bilateral trade to $5 billion

At Islamabad talks, Pakistan and Turkiye pledge to take bilateral trade to $5 billion
Turkish National Defence Minister Yasar Guler meets Pakistan Prime Minister Shehbaz Sharif in Islamabad on September 9, 2025. (Handout/PMO)
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Updated 09 September 2025
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At Islamabad talks, Pakistan and Turkiye pledge to take bilateral trade to $5 billion

At Islamabad talks, Pakistan and Turkiye pledge to take bilateral trade to $5 billion
  • Bilateral trade volume between Turkiye, Pakistan rose by nearly 30 percent year-on-year in 2024 to reach $1.4 billion
  • Both countries have moved closer since Ankara’s public support for Islamabad in its standoff with India in May

ISLAMABAD: Pakistan and Turkiye on Tuesday concluded their two-day Joint Ministerial Commission (JMC) talks in Islamabad, the Pakistani economic affairs ministry said, with both sides aiming to take their bilateral volume to $5 billion.

The session was preceded by extensive inter-ministerial consultations and coordination between both sides, including through the High-Level Strategic Cooperation Council (HLSCC), Joint Standing Committees (JSCs), and diplomatic missions. A comprehensive draft protocol was reviewed in advance, with the final technical session successfully resolving key areas of cooperation, according to the Pakistani ministry.

The JMC is a cornerstone institutional mechanism for bilateral economic cooperation established in 1975. The discussions at the session, co-chaired by Commerce Minister Jam Kamal Khan and Turkish National Defense Minister Yaşar Güler, encompassed 24 key sectors, including Trade and Investment, Energy, Information and Communication Technology, Banking and Finance, Industrial Cooperation, Education, Tourism and Climate Change.

“A major highlight was the mutual commitment to enhance bilateral trade to USD 5 billion, with the first in-person round of negotiations for the Trade in Goods Agreement scheduled for October 2025,” the Pakistani economic affairs ministry said in a statement. “Both sides agreed to deepen business-to-business linkages, facilitate digital trade, and streamline customs cooperation.”

Bilateral trade volume between Turkiye and Pakistan rose by nearly 30 percent year-on-year in 2024 to reach $1.4 billion, according to Turkish state media.

Pakistan and Turkiye have moved closer since Ankara’s public support for Islamabad during its four-day skirmish with India in May. The military forces of the two Muslim-majority countries have since then resolved to forge stronger ties in defense and trade amid regional tensions.

At the ministerial talks in Islamabad, both sides reiterated their commitment to regional connectivity by agreeing to expedite the operationalization of the Islamabad–Tehran–Istanbul (ITI) Railway Corridor and advance work on the proposed TURPAK Transport Corridor. Cooperation will also expand in the maritime sector, including ship recycling and port development, according to the statement.

In the energy sector, both countries agreed to establish Sub-Working Groups to explore collaboration in renewables, hydrocarbons, hydrogen, mining, LNG, and electric vehicle infrastructure. Further cooperation was pledged in electricity distribution, transmission modernization, and hydropower development. Pakistan and Turkiye will also organize an IT Business Forum, while in the agriculture field, the two sides agreed to collaborate in livestock health, irrigation, fisheries, and the development of digital crop surveillance systems.

“The Ministry of Economic Affairs welcomes the renewed momentum in Pakistan–Türkiye economic relations and looks forward to the timely implementation of the key decisions and projects outlined during this session,” the statement read. “The outcomes reaffirm the shared vision of both nations to build a deeper, broader, and more strategic economic partnership.”

Separately, the Turkish defense minister called on Prime Minister Shehbaz Sharif in Islamabad, with both sides reaffirming their support for each other’s national interests and agreeing to continue working closely to elevate their partnership.

“Highlighting Pakistan’s investor-friendly policies, the Prime Minister also invited Turkish companies to expand their investment footprint in Pakistan,” Sharif’s office said.


Pakistan minister orders measures to ease port congestion, speed up sugar and cement handling

Pakistan minister orders measures to ease port congestion, speed up sugar and cement handling
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Pakistan minister orders measures to ease port congestion, speed up sugar and cement handling

Pakistan minister orders measures to ease port congestion, speed up sugar and cement handling
  • Meeting in Islamabad reviewed congestion at Port Qasim and its impact on export shipments
  • Ports directed to enforce first-come, first-served berthing and penalize unnecessary delays

KARACHI: Pakistan’s Maritime Affairs Minister Junaid Anwar Chaudhry on Saturday directed authorities to streamline sugar and cement operations at Port Qasim after reports of severe congestion caused by the slow unloading of sugar consignments disrupted export activities.

The government has been working to ease port bottlenecks that have delayed shipments and raised logistics costs for exporters, particularly in the cement and clinker sectors. The initiative is part of a broader effort to improve operational efficiency and align port management with national trade and logistics priorities.

“Improving operational efficiency is vital to prevent port congestion, which can cause delays, raise costs, and disrupt the supply chain,” Chaudhry told a high-level meeting attended by senior officials from the maritime and commerce ministries, port authorities and the Trading Corporation of Pakistan.

The meeting was informed that sugar was being unloaded at a rate below Port Qasim’s potential capacity. The minister instructed the Port Qasim Authority to optimize discharge operations in line with its daily capacity of about 4,000 to 4,500 tons.

Participants also reviewed directives from the Prime Minister’s Office calling for up to 60 percent of sugar imports to be redirected to Gwadar Port to ease the load on Karachi terminals.

Officials said all vessels at Port Qasim and Karachi Port would now be berthed on a first-come, first-served basis, with penalties to be applied for unnecessary delays.

The TCP was told to improve operational planning and coordinate vessel arrivals more closely with port authorities.

Chaudhry commended the engagement of all participants and said consistent adherence to performance standards was essential to sustaining port efficiency and preventing a recurrence of logistical disruptions.