A preferential trade agreement is signed by Pakistan and Turkiye.
A Preferential Trade Agreement (PTA) between Pakistan and Turkiye was signed on Friday to increase trade between the two nations. At a ceremony conducted in the prime minister's office in Islamabad, the PTA was signed in front of the Prime Minister, Shehbaz Sharif. The agreement was signed by Syed Naveed Qamar, minister of commerce, and Dr. Mehmet Mus, minister of trade, both of Turkiye. The PTA, also known as the Trade in Goods Pact, contains extensive clauses on bilateral safeguards, exclusions for the balance of payment, dispute resolution, and periodic revision of the agreement. The deal was described as "a tremendous occasion and a milestone" in the history of relations between Pakistan and Turkiye by Prime Minister Shehbaz. He recalled how the agreement was signed after his May visit to Turkiye thanks to the tireless efforts of the ministries in both nations. He claimed that there was a lot of commercial potential between the