The News reported that top business persons and prospective investors of Pakistan and Turkey will gather at the Pakistan and Turkish CEOs Forum to explore investment incentives and opportunities available in various sectors in the country.

Mr Waqar Ahmad Khan federal minister for investment said while addressing a press conference that the forum is likely to be addressed by prime ministers of Pakistan and Turkey. He said that CEOs of leading Turkish companies are accompanying the Turkish prime minister during his visit to explore investment and business opportunities in Pakistan.

The minister said that comprehensive presentations would be given at the forum which will highlight policy parameters, incentives for investors and investment opportunities available in various sectors. Moreover, business to business meetings would also be held between Pakistani and Turkish counterparts in the respective sectors. He added that if required, the option of signing Memorandum of Understanding will also be exercised. The event would provide an excellent opportunity to businessmen and investors to interact with each other and get first hand information on joint venture business and investment opportunities.

Mr Waqar said that CEOs of leading Turkish companies are participating from various sectors including textile, home textile, leather, leather products, carpet, construction, infrastructure, energy, mineral development, sports, shipping, auto manufacturing, dairy, agriculture and food processing chain stores. The visit of high level officials and top CEOs of Turkey shows the keen interest of the Turkish government in the improvement of bilateral and economic relations with Pakistan.”

He said that the conference would be helpful for Pakistan to achieve the goal of Preferential Trade Agreement with Turkey to have access to the European Market. He added that although Bilateral Investment Treaty already existed between both countries, the PTA would help boost economic ties further.

(Sourced from the News)