Pakistan and Turkiye formalized new agreements in the mining sector today, coinciding with Turkish Petroleum”s landmark entry into local offshore and onshore exploration activities.
The developments followed a meeting in the capital between Prime Minister Shehbaz Sharif and Trkiye’s visiting Minister of Energy and Natural Resources, Alparslan Bayraktar. During their discussion, the Prime Minister emphasized the critical importance of expanding collaboration between the two nations in the energy, petroleum, and mineral industries.
Mr. Sharif noted with satisfaction that Turkish Petroleum”s new venture marks a major milestone in bilateral energy cooperation. He extended an open invitation for other Turkish companies to increase their investment footprint within Pakistan”s energy market.
While underscoring the historic and fraternal ties between the two countries, the Prime Minister expressed his contentment with the positive trajectory of bilateral relations. He reaffirmed Pakistan”s strong commitment to further broadening its partnership with Turkiye, with a particular focus on the energy domain.
Fondly recalling his numerous interactions with President Recep Tayyip Erdogan this year, Prime Minister Sharif also highlighted the need for close coordination between the two sides in view of the fast-evolving regional and global environment.
To advance these objectives, it was agreed that a ministerial delegation from Pakistan will visit Turkiye soon. The purpose of the visit will be to explore further opportunities for cooperation, especially within the energy and power sectors.
The two leaders also witnessed the official exchange of Memorandums of Understanding and agreements between Turkiye and Pakistan pertaining to the field of mining.