Pakistan, Turkiye reaffirm $5bn bilateral trade target

Published 04 Jul, 2026 08:38pm 1 min read
Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan.
Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan.

Pakistan and Turkiye reaffirmed their commitment to expanding economic cooperation, agreeing to fully leverage the potential of their strategic partnership to achieve a bilateral trade target of $5 billion while further strengthening the longstanding brotherly ties between the two countries.

The development came as Prime Minister Shehbaz Sharif met Turkish President Recep Tayyip Erdogan in Istanbul on Saturday.

“Our discussions covered the full spectrum of the Pakistan–Turkiye Strategic Partnership, with particular focus on trade, investment, defence cooperation, energy, connectivity, technology, regional peace, and people-to-people exchanges,” PM Shehbaz wrote in a post on X.

“We reaffirmed our shared belief that dialogue, diplomacy, and mutual respect remain the only sustainable path to resolving disputes and preserving international peace and security. I thanked President Erdogan for his warm hospitality.

“We also agreed to fully leverage the immense potential of our partnership to achieve our mutually agreed target of $5 billion in bilateral trade and to take the enduring bonds of brotherhood between Pakistan and Turkiye to even greater heights,” he said.

“Earlier today, I attended the Pakistan–Turkiye Business Conference, where I met distinguished representatives of Turkiye’s vibrant business community. Their optimism, innovation, and entrepreneurial spirit reinforced my conviction that the economic partnership between Pakistan and Turkiye is entering a new and exciting chapter under President Erdogan’s visionary leadership,” PM shared.

For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.