ISLAMABAD, Pakistan: Pakistan and Turkey has decided for Free Trade zone agreement, reports Dispatch News Desk news agency.
The visiting Turkish Prime Minister Ahmet Davutoglu has expressed hope that soon Pakistan and Turkey will finalize Free Trade Agreement to further enhance trade and economic activities.
Addressing a joint press conference the Turkish Prime Minister Ahmet Davutoglu and Pakistan Prime Minister Mian Nawaz Sharif in Islamabad on Tuesday said that both countries would finalize details about Free Trade Zone soon.
The Turkish prime minister also announced $20 million additional assistance to Pakistan for return and rehabilitation of temporary displaced persons to the Federally Administrated Tribal Areas (FATA) and the flood affected people.
Davutoglu lauded Pakistan’s efforts to establish peace and stability in Afghanistan as peace and stability in Afghanistan is peace and stability in Turkey and Pakistan.
On the occasion, Nawaz Sharif said that Pakistan and turkey are important players in their respective regions. He said that Pakistan acknowledges Turkish progress and development.
Separately, addressing the fourth meeting of the Pakistan-Turkey High Level Strategic Cooperation Council in Islamabad along with the Turkish prime minister, Pakistan Prime Minister Nawaz Sharif said that Pakistan and Turkey are indispensable partners working assiduously to promote peace and prosperity for their people and the region.
The prime minister expressed gratitude over the strong and spontaneous support extended by the Turkish leadership and people following the Peshawar school attack.
In his address, Davutoglu said that Turkey-Pakistan relationship is exemplary. He said that there are no countries who feel they have common destiny like Pakistan and Turkey.
Pakistan and Turkey also signed 11 addition agreements and memorandums of understanding (MoUs) to strengthen their relations in different areas. These included one agreement, five protocols, three MoUs, one additional protocol and a joint declaration to strengthen their strategic relationship.