Strengthening Bilateral Trade and Investment
Pakistan and Turkiye enjoy a unique relationship characterized by deep cultural, historical, and religious ties. This special bond has translated into a robust economic partnership that continues to grow stronger with time.
The strategic partnership between Pakistan and Turkiye is built on mutual trust and shared values. Both countries have consistently supported each other on regional and international platforms, which has created a favorable environment for economic cooperation.
In recent years, bilateral trade has seen significant growth, with both governments actively working to enhance economic ties through various agreements and initiatives. The Pakistan-Turkiye Free Trade Agreement (FTA) negotiations represent a major step toward further strengthening these economic relations.
Beyond trade, both countries collaborate in defense, infrastructure development, education, and cultural exchanges, creating a comprehensive partnership that benefits both nations.
Bilateral Trade Volume (2022)
Trade Growth (Last 5 Years)
Turkish Companies in Pakistan
Key Cooperation Sectors
Collaboration in defense production, joint ventures, and technology transfer, including the MILGEM corvette project.
Turkish companies are actively involved in major infrastructure projects across Pakistan, including roads, bridges, and energy.
Exchange of expertise and technology in textile manufacturing, with potential for increased trade in finished products.
Cooperation in agricultural technology, food processing, and increasing bilateral trade in agricultural products.
Promoting cultural tourism and increasing people-to-people contacts through visa facilitation and joint promotion.
Student exchanges, joint research programs, and academic collaboration between universities of both countries.
Pakistan establishes diplomatic relations with Turkiye shortly after independence, beginning a long-standing friendship.
Both countries sign a Treaty of Friendship, strengthening bilateral ties and cooperation.
Establishment of the Economic Cooperation Organization (ECO) with Pakistan and Turkiye as founding members.
Pakistan-Turkiye Business Council established to promote trade and investment between the two countries.
Strategic Economic Framework (SEF) signed, providing a roadmap for enhanced economic cooperation.
Launch of negotiations for Pakistan-Turkiye Free Trade Agreement (FTA).
Turkiye and Pakistan sign multiple agreements in defense, trade, and education during high-level visits.
Launch of the MILGEM corvette project, a major defense collaboration between the two navies.
Trade volume surpasses $1 billion, with both countries aiming to reach $5 billion in the coming years.