ISLAMABAD: Prime Minister Imran Khan on Monday approved the detailed plan of action for Pak-Turkey Strategic Economic Framework.
The plan of action would be shared with the Turkish side for finalization so that the strategic economic framework could be signed as early as possible.
The Economic Affairs Division secretary, during his presentation, briefed the prime minister that the plan that would forge greater bilateral cooperation between Pakistan and Turkey under the proposed SEF includes cooperation in agriculture, low-costing housing, tourism & culture, investment & industry, automobile, banking & finance, health and pharmaceuticals, transport & communication, education & vocational training, aviation, water resource development, energy & power, science & technology, information communication technology, development planning, postal services and implementation of small scale projects.
The two sides are also in contact to enhance cooperation in the textile sector in order to capitalise the potential of the two countries by developing the infrastructure and exploring possibilities for joint ventures.
Premier Imran Khan, while expressing satisfaction over the steady progress towards finalizing Pak-Turkey Strategic Economic Framework, appreciated the efforts of the finance minister and EAD secretary for actively pursuing the framework.
The prime minister directed the relevant ministries to complete their spadework so that immediate implementation of SEF could be ensured as soon as it is signed.
It may be recalled that during the prime minister’s visit to Turkey in January 2019, the leadership of the two countries had decided to formulate a Strategic Economic Framework to forge greater collaboration and enhance bilateral cooperation in all possible areas for the mutual benefit of the people of two countries.
To implement the vision of the leadership, a draft SEF, approved by the prime minister, was shared with the Turkish government in February which followed by a detailed response from Turkish side during last month.
Among others, the meeting was attended by Foreign Minister Shah Mehmood Qureshi, Finance Minister Asad Umar, Minister Communication Murad Saeed, Planning Minister Makhdoom Khusro Bakhtiar, Railways Minister Sheikh Rasheed Ahmed, Power Minister Omar Ayub, Commerce Advisor Abdul Razzak Dawood, Board of Investment Chairman Haroon Sharif and senior officials of relevant ministries.
