Pakistan, Turkey to boost cooperation

Pakistan and Turkey agreed to conclude the Preferential Trade Agreement (PTA) in the first quarter of the next year to promote bilateral trade.The understanding came in a meeting between Prime Minister Muhammad Nawaz Sharif and his Turkish counterpartRecep Tayyip Erdogan in Islamabad.Later, in a joint press conference with his Turkish counterpart, Prime Minister Nawaz Sharif expressed the confidence that this economic framework would significantly contribute towards facilitating trade between the two countries.He said both sides had agreed to intensify cooperation in energy trade, urban and infrastructure development and housing.He said the strong business delegation accompanying Prime Minister Erdogan testified to the confidence that Turkish companies had in business opportunities in Pakistan.