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Reading: Pakistan Türkiye Trade Target Set at $5 billion
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PhotoNews Pakistan > Pakistan > Pakistan Türkiye Trade Target Set at $5 billion
Pakistan

Pakistan Türkiye Trade Target Set at $5 billion

Web Desk
By Web Desk Published July 5, 2026 2 Min Read
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ISTANBUL: The target for Pakistan-Türkiye trade was set at $5 billion on Saturday as Prime Minister Shehbaz Sharif and President Recep Tayyip Erdoğan reaffirmed strategic ties.

The two leaders made the pledge during a joint press briefing after talks on trade, investment, regional peace and bilateral cooperation.

Erdoğan welcomed Shehbaz and his delegation and said that relations between Pakistan and Türkiye were progressing satisfactorily. The Turkish president said both countries had always stood by each other and would remain loyal partners.

He welcomed the Islamabad Memorandum of Understanding and described it as an important step for global peace. Erdoğan also praised Pakistan’s efforts for peace, development and prosperity.

It was a great pleasure and honour to meet my very dear brother, President Recep Tayyip Erdoğan, in the historic city of Istanbul today.

Our discussions covered the full spectrum of the Pakistan–Türkiye Strategic Partnership, with particular focus on trade, investment, defence… pic.twitter.com/oLC4zqd3S7

— Shehbaz Sharif (@CMShehbaz) July 4, 2026

He said relevant ministries would coordinate on special economic zones and that Türkiye would encourage its business community to invest in Pakistan.

Shehbaz said Pakistan and Türkiye had supported each other during wars, natural disasters and difficult periods.

“The people of Pakistan and Türkiye share a heartfelt bond. Pakistan and Türkiye are one soul in two bodies,” he said.

President Recep Tayyip Erdoğan and Prime Minister Shehbaz Sharif of Pakistan held a joint press conference following their meeting at Vahdettin Mansion in Istanbul.https://t.co/0qOAY9vbeR pic.twitter.com/vW83aInzCZ

— Republic of Türkiye Directorate of Communications (@Communications) July 4, 2026

The prime minister said he held a productive business-to-business conference with Turkish investors.

Shehbaz reiterated Pakistan’s support for Türkiye on the Cyprus issue and thanked Ankara for its position on the Kashmir dispute.

Read: Turkey Single and Multiple Visa Fee for Pakistani Travellers

Prime Minister Shehbaz Sharif and President Recep Tayyip Erdoğan reaffirmed Pakistan-Türkiye strategic ties in Istanbul and pledged to raise bilateral trade to $5 billion.

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