Turkey, Pakistan sign a string of memorandums of understanding

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Turkey, Pakistan sign a string of memorandums of understanding
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Turkey and Pakistan sign agreements seeking to boost existing bilateral trade, economic engagement, and cultural and communication ties

Pakistan's Prime Minister Imran Khan and Turkish President Tayyip Erdogan share a light moment during an agreement signing ceremony in Islamabad, Pakistan, February 14, 2020.

President Recep Tayyip Erdogan and Prime Minister Imran Khan witnessed the signing of the MoUs after the conclusion of Plenary Session of the 6th round of Pakistan-Turkey High Level Strategic Cooperation Council in Islamabad. The current trade volume of $804 million between Pakistan and Turkey is not sufficient, Erdogan noted, adding that the bilateral trade volume must first rise to $1 billion and then raise its target to $5 billion.

"Our cooperation in the field of defence industry is deepening in Pakistan, and in the field of contracting, Turkish companies have undertaken 68 projects worth more than $3.5 billion in Pakistan so far," he said.

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