Proposals for Pakistan-Turkey economic framework reviewed

Stresses that banks of both nations should be encouraged to establish branches in each other’s country

KARACHI: Finance Minister Asad Umar has said that there is a great scope for the development of auto sector in Pakistan with the help of Turkey. He stated this while chairing a meeting of the Committee on Pak-Turkey Strategic Economic Framework on Tuesday, which reviewed progress on preparing the proposed framework. He stressed that banks of both nations should be encouraged to establish branches in each other’s country to forge business linkages and facilitate financial transactions. He was of the view that collaboration between PIA and Turkish Airlines may be promoted to improve communication facilities for the Pakistani citizens travelling to various destinations. Umar was informed that all provincial chief secretaries had been directed to send their proposals for the economic framework and their responses were being compiled.

Published in The Express Tribune, February 13^th, 2019.

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