Pakistan & Turkey are rewriting their partnership. PM Shehbaz Sharif visited Ankara with a clear goal: boost trade from $1.3BN to $5BN
– “Turkey has a significant edge in technology and resource funding,” says Bilal Hyder Simair, Centre for Pakistan and Gulf Studies.
🔸Energy: State-owned Turkish Petroleum Overseas Company (TPOC) secured 5 concessions ($300M+). A TPOC office is opening in Islamabad
🔸SEZ & IT: A Special Economic Zone (SEZ) in Karachi for Turkish manufacturers via SIFC. IT joint ventures in e-commerce, software, telecoms
🔸Minerals: Pakistan shifts from LNG to copper, cobalt, rare earths. Turkey brings capital & expertise
🔸Infrastructure: $390M railway approved for Balochistan