logo
Preferential tariffs to help bolster Pak-Turkiye trade: CG

Preferential tariffs to help bolster Pak-Turkiye trade: CG

KARACHI: The preferential tariffs between Pakistan and Turkiye would help bolster trade in the leather sector between the two countries, said the Consul General of Turkiye, Cemal Sangu, during a meeting with a delegation of leather manufacturers and exporters.
'Preferential Trade Agreement is in its final stages between Pakistan and Turkiye,' Sangu said, advising the tanners' delegation to look into it thoroughly by contacting the Ministry of Commerce and seeking preferential tariffs in order to increase trade between the two countries in the near future.
A delegation of Pakistan Tanners Association (PTA) comprising its Central Chairman Hamid Arshad Zahur, Chairman (Southern Zone) Danish Aman, Vice Chairman Yousuf Shafiq, along with other prominent members, attended the meeting.
Murat Ozmen, Commercial Attaché of Turkiye, was also present at the meeting.
During the discussions, the PTA Chairman extended an invitation to Cemal Sangu and Murat Ozmen to attend the Pakistan Mega Leather Show (PMLS) scheduled for January 2026 in Lahore. The invitation encouraged Turkish participation in exploring Pakistan's approximately USD 1 billion leather market.
Consul General said Pakistan and Turkiye are two countries but one nation, and during recent conflicts with India, we extended support to our brothers and sisters because Turkiye has never forgotten the help extended by the Pakistani people during the Khilafat Movement. Which is why, he said, this bond is highlighted in school celebrations.
During the meeting, Danish Aman expressed deepest regards for all the support received from the people and the government of Turkiye during the recent standoff with India and the successful completion of Operation Bunyaan un Marsoos.
Turkiye and Pakistan have a long history of trade relations, especially in the leather sector, with Turkish manufacturers of chemicals, tanning machinery, domestic raw materials, double-face and shearling leathers exporting their products to manufacturers in Pakistan.
At the same time, finished and semi-finished leathers as well as value-added products like leather garments, leather gloves, and footwear are being exported to Turkiye as well.
Both sides stressed the need to enhance mutual trade between the two countries by exploring each other's markets and establishing frequent contacts via visits of trade delegations. Such visits should open up the possibilities of joint ventures in the near future.
Copyright Business Recorder, 2025

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pakistan, Iran ink MoU on boosting ties
Pakistan, Iran ink MoU on boosting ties

Express Tribune

timean hour ago

  • Express Tribune

Pakistan, Iran ink MoU on boosting ties

On the concluding day of the Economic Cooperation Organization (ECO) summit held in Tehran, a MoU was signed between Pakistan and Iran to enhance bilateral cooperation in the field of communications. The signing ceremony was attended by Iran's Minister for Roads and Urban Development Farzaneh Sadegh, and Federal Minister for Communications Abdul Aleem Khan who also led the Pakistani delegation in this ECO summit, said a statement received here on Tuesday. A formal meeting was held between the two ministers, accompanied by their respective delegations in which both sides agreed to further strengthen the longstanding relations between the two neighboring countries. Aleem Khan highlighted the deep-rooted religious, cultural and historical ties between Pakistan and Iran, stating that the shared culture, especially from Balochistan to Iran, reflects strong commonalities in daily life and traditions. He welcomed the holding of the ECO summit in Tehran, expressing optimism that the platform would yield positive outcomes for the region. Iranian Minister Farzaneh Sadegh expressed readiness for all possible cooperation in Pakistan's Communications sector and affirmed Iran's commitment to advancing bilateral projects.

Pak olive oil secures Silver Award
Pak olive oil secures Silver Award

Business Recorder

time2 hours ago

  • Business Recorder

Pak olive oil secures Silver Award

ISLAMABAD: Pakistani olive oil has earned international acclaim by securing a Silver Award at the 2025 New York International Olive Oil Competition, the world's largest and most prestigious event for premium olive oil producers. The award was presented to Loralai Olives, a leading Pakistani olive oil brand, recognised for its exceptional purity, sustainable production methods, and world-class packaging. Out of more than 1,200 entries from around the globe, Pakistan's olive oil stood out, marking a significant milestone in the country's evolving olive industry. Italy has played a pivotal role as a steady and visionary partner in Pakistan's olive oil journey. Through early-stage plantations, technical exchanges, farmer training, and mill infrastructure development, Italian-funded projects have laid a strong foundation for the industry's growth. Copyright Business Recorder, 2025

Webinar titled ‘Pak-Indonesia trade potential in tobacco sector' held
Webinar titled ‘Pak-Indonesia trade potential in tobacco sector' held

Business Recorder

time2 hours ago

  • Business Recorder

Webinar titled ‘Pak-Indonesia trade potential in tobacco sector' held

JAKARTA: The Agro & Food Division, in collaboration with the Trade Mission of Pakistan in the Indonesia, organized an online webinar on 'Pakistan-Indonesia trade potential in the tobacco sector' to explore trade opportunities in the tobacco sector of Pakistan. The session was jointly led by Ayaz Muhammad (PO, DD TDAP) and Muhammad Naseem Rashid (Minister Trade and Investment, Pakistan Mission Indonesia). The webinar brought together key stakeholders, including representatives from various Pakistani tobacco exporter companies including Amna Arbab, Assistant Director (Export) from the Pakistan Tobacco Board. The session focused on enhancing bilateral trade ties, showcasing Pakistan's high-quality tobacco products, and addressing trade barriers to improve market access in Indonesia. Participants engaged in discussions on market dynamics, potential collaborations, and the regulatory frameworks governing tobacco trade in both countries. The webinar also emphasized the Indonesia's role as a regional trading hub and Pakistan's capacity to meet growing market demand through its well-established tobacco cultivation and manufacturing expertise. Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store