PR No. 168 “Pakistan Day” reception held in Istanbul Islamabad

A large number of distinguished guests participated in the reception hosted by Pakistan’s Consul General in Istanbul Dr. Yusuf Junaid as part of the Pakistan National Day celebrations. Deputy Governor Istnabul, Mayor of Beyo?lu, Mayor of Be?ikta?, members of the Diplomatic Corps, Turkish businessmen and Pakistan community attended the event, says a press release received here today from Ankara, Turkey.

Briefing the guests about the economy of Pakistan, Dr. Yusuf Junaid said that through liberal and investment friendly policies of the Government of Prime Minister Nawaz Sharif, Pakistan’s economy is progressing well and GDP growth is over 4%. He said Pakistan’s foreign exchange reserves are at all times high and crossed over US$ 21 billion. Major credit rating agencies and the World Bank are projecting Pakistan as a fast growing economy, he added.

Referring to the brotherly Pakistan-Turkey relations, Consul General said we have seen greater cooperation between the two countries particularly in economic sector over the last few years. Turkish investments by Albayrak, Coca-Cola Icecek, Zorlu Energy and others are clearly visible in Pakistan. He said negotiaitons on a comprehensive Free Trade Agreement (FTA) are going on and Pakistan and Turkey are inching fast towards concluding these talks.

Continuing the tradition of honouring three Turkish citizens who have contributed significantly in augmenting and fostering relations between Turkey and Pakistan, the services of Mr Beyti Güler – owner of Beyti Restaurant and a well-known social figure, Mr Murat Yalç?nta? – a leading businessmen and Mr Ya?mur Özdemir – Deputy General Manager of Zorlu Energy were acknowledged.