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Federal govt cuts petrol price by Rs8, diesel by Rs7 per litre PM Shehbaz arrives in Türkiye to attend COP31 Leaders’ Summit Anthropic IPO targets up to $1.4 trillion valuation 8 parenting tips to raise smart and confident children Microsoft opposes US ban on Chinese AI data center components IHC orders PTI lawyers meetings with jailed Imran Khan, Bushra Bibi ICCI pledges jobs and training for persons with disabilities Sri Lanka reach 114-3 after Pakistan declare at 434 in Pindi Test Armed robbers target female medical students in Karachi Eight Pakistanis receive Diana Award for community work Oil prices slip as Trump says military action against Iran not needed US consortium proposes $4.4 billion LNG project in Pakistan Federal govt cuts petrol price by Rs8, diesel by Rs7 per litre PM Shehbaz arrives in Türkiye to attend COP31 Leaders’ Summit Anthropic IPO targets up to $1.4 trillion valuation 8 parenting tips to raise smart and confident children Microsoft opposes US ban on Chinese AI data center components IHC orders PTI lawyers meetings with jailed Imran Khan, Bushra Bibi ICCI pledges jobs and training for persons with disabilities Sri Lanka reach 114-3 after Pakistan declare at 434 in Pindi Test Armed robbers target female medical students in Karachi Eight Pakistanis receive Diana Award for community work Oil prices slip as Trump says military action against Iran not needed US consortium proposes $4.4 billion LNG project in Pakistan

PM urges Turkish firms to expand investment, relocate industries to Pakistan

PM urges Turkish firms to expand investment, relocate industries to Pakistan

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday invited Turkish companies to further expand their investment portfolio in Pakistan, also urging them to consider relocating their industrial units to the country.

The prime minister, talking to Turkish Foreign Minister Hakan Fidan who called on him here, said that the current level of bilateral trade was not commensurate with the existing potential.

He emphasized to undertake concerted efforts for achieving the bilateral trade target of US$ 5 billion in the next three years as already agreed by the leadership of the two brotherly countries.

While underscoring the special bonds of brotherhood between Pakistan and Turkiye, the prime minister expressed satisfaction over the positive momentum in bilateral relationship.

He reaffirmed Pakistan’s firm commitment to further expansion of bilateral cooperation, in all areas of mutual interest, including trade, investment, technology and defence.

Regional and global developments, particularly the worsening humanitarian situation in Gaza were also discussed in the meeting.

Prime Minister Shehbaz appreciated President Erdogan’s staunch advocacy for a permanent ceasefire in Gaza and lasting peace in the Middle East.

He stressed the urgency and importance of the realization of the two-state solution as the key to attainment of durable peace in the Middle East.

The prime minister also reiterated his invitation to President Recep Tayyip Erdogan to undertake an early official visit to Pakistan for co-chairing with Prime Minister the 7th meeting of High Level Strategic Cooperation Council.

Both sides reaffirmed their strong and abiding support to each other on the core issues of national interest.

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