PAKISTAN AND TURKEY APPROACH TRADE DEAL, WITH CONTRASTING FEELINGS BETWEEN COUNTRIES’ TEXTILE SECTORS

TURKISH and Pakistani textile executives are divided in their opinion about the likely benefits of the Free Trade Agreement (FTA) under discussion between Pakistan and Turkey, with Pakistan opinion in favour, but less enthusiasm in Turkey. Seven rounds of talks between the two sides have taken place and further talks maybe staged in August. Asad Hayauddin, spokesperson for Pakistan’s ministry of commerce told WTiN: “Pakistan’s trade balance with Turkey turned negative from positive in the year 2001 when the Turkish government imposed/increased duties on ...


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