Pakistan, Turkmenistan to increase bilateral trade to its true potential

Government of PakistanPakistan, Turkmenistan to increase bilateral trade to its true potential

ISLAMABAD, Pakistan: The Ambassador of the Republic of Turkmenistan to Pakistan Atadjan Movlamov met the Prime Minister’s Advisor on Commerce and Investment Abdul Razak Dawood at the Ministry of Commerce (MOC) in Islamabad on Thursday.

In the meeting, both sides highlighted the historical Pakistan-Turkmenistan bilateral relations.

They agreed that the bilateral trade between Pakistan and Turkmenistan is below its true potential and resolved to increase the bilateral trade to its true potential.Pakistan-Turkmenistan trade - The Ambassador of the Republic of Turkmenistan to Pakistan Atadjan Movlamov met the Prime Minister’s Advisor on Commerce and Investment Abdul Razak Dawood at the Ministry of Commerce (MOC) in Islamabad on Thursday. In the meeting, both sides highlighted the historical Pakistan-Turkmenistan bilateral relations. They agreed that the bilateral trade between Pakistan and Turkmenistan is below its true potential and resolved to increase the bilateral trade to its true potential. In light of Pakistan's interaction with Afghanistan and Uzbekistan, now Turkmenistan also wants to have trade relations with Pakistan. Hence, the Ministry of Commerce is developing a strategy to incorporate Turkmenistan into our thinking. This is all part of how to integrate the five Central Asian Republics with Afghanistan and Pakistan. In order to fit into this strategy, the ambassador showed keen interest in holding the sixth Meeting of the Pak-Turkmenistan Joint Governmental Commission this year. Furthermore, the Turkmen side also discussed the signing of a Memorandum of Understanding (MoU) between Gwadar Port and Turkmen Ports. The advisor also appreciated the Turkmen’s proposal for the transit of Turkmen goods through Gwadar and Karachi ports via railways and road transportation. Both sides also agreed that the third Meeting of the Joint Working on Trade (JWT) will be held soon to discuss the wide-ranging bilateral trade issues. It was agreed that to finalize the agenda for the third Meeting of the JWT, both sides will hold technical level consultations.

In light of Pakistan’s interaction with Afghanistan and Uzbekistan, now Turkmenistan also wants to have trade relations with Pakistan. Hence, the Ministry of Commerce is developing a strategy to incorporate Turkmenistan into our thinking. This is all part of how to integrate the five Central Asian Republics with Afghanistan and Pakistan.

In order to fit into this strategy, the ambassador showed keen interest in holding the sixth Meeting of the Pak-Turkmenistan Joint Governmental Commission this year.

Furthermore, the Turkmen side also discussed the signing of a Memorandum of Understanding (MoU) between Gwadar Port and Turkmen Ports.

The advisor also appreciated the Turkmen’s proposal for the transit of Turkmen goods through Gwadar and Karachi ports via railways and road transportation.

Both sides also agreed that the third Meeting of the Joint Working on Trade (JWT) will be held soon to discuss the wide-ranging bilateral trade issues.

It was agreed that to finalize the agenda for the third Meeting of the JWT, both sides will hold technical level consultations.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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