Pakistan and Turkey have agreed to deepen economic cooperation by forming joint ventures in key industrial sectors. The announcement came after high-level meetings between officials from both countries. During the discussions, leaders highlighted the strong bilateral relationship and the need to expand it through practical steps. The statement confirmed that โPakistan, Turkey agree on JVs in defense, communications, automobilesโ as part of a broader plan to boost trade and technology sharing.
According to officials, the new joint ventures aim to strengthen industrial collaboration and create opportunities for both countries. Pakistan is looking to enhance its manufacturing capacity, while Turkey aims to increase its presence in South Asia. The agreement noted that cooperation in defense technology will help Pakistan improve its production capabilities and reduce dependence on foreign suppliers.
The communications sector is also a major focus of the partnership. Both sides are exploring projects related to digital infrastructure, telecom systems, and cybersecurity. Officials said that โPakistan, Turkey agree on JVs in defense, communications, automobilesโ to ensure long-term collaboration in modern technologies. They believe these partnerships will support innovation and create jobs in both countries.
In the automobile sector, Pakistan and Turkey plan to work together on vehicle production, spare parts, and assembly units. This initiative may help Pakistan modernize its local auto industry and attract foreign investment. Turkish companies are expected to share technical expertise and support the development of new models suitable for local markets.
Delegations from both countries expressed confidence that the new ventures will strengthen economic ties and support regional growth. They also agreed to increase trade volume and explore additional cooperation in agriculture, energy, and technology.
In conclusion, the announcement that โPakistan, Turkey agree on JVs in defense, communications, automobilesโ marks a major step in bilateral relations. The new projects are expected to open doors for investment, industrial expansion, and stronger economic partnership.
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