Minister BOI participates in the D-8 Investment Forum

Press Release

Istanbul, 16 June 2022

Minister BOI participates in the D-8 Investment Forum

Chaudhary Salik Hussain, Federal Minister for Board of Investment (BOI) and Special Initiatives participated in the D-8 Investment Forum in Istanbul today. The Investment Forum, entitled “Honoring the Past and Shaping the Future”, is jointly organized by the Turkish Union of Chambers and Commodity Exchanges (TOBB) and the Developing-8 Organization for Economic Cooperation (D-8) on the occasion of the 25th Silver Jubilee Anniversary of the D-8.

In his opening keynote speech, Minister BOI urged full realization of cooperation potential between D-8 Member States including through intensifying private sector engagements and intra-bloc trade. In particular, he stressed on the importance of tourism and agriculture sectors for achieving socio-economic goals. The Minister gave an overview of Pakistan’s friendly investment climate, ease of doing business and investment initiatives undertaken by the government including establishment of Special Economic Zones and Technology Zones.

On the Forum’s sidelines, Federal Minister Chaudhary Salik Hussain met with Mr. Mehmet Muş, the Turkish Minister of Trade. Both Ministers reviewed actions taken in the follow-up of Prime Minister Shehbaz Sharif’s visit to Türkiye earlier this month. It was agreed to strengthen bilateral engagement with a view to deepen bilateral economic relations and realize the target of USD 5 billion bilateral trade in the next three years.

The Minister BOI also met with the Secretary-General of the D-8, Ambassador Isiaka Abdulqadir Imam and discussed various means to enhance trade and economic cooperation within the D-8 countries including through early entry into force of the D-8 Preferential Trade Agreement (PTA) and further work on visa facilitation and free economic zones for businesses from the D-8 countries. Both dignitaries agreed to expedite work on priority sectors including technology, tourism and food security.

Earlier, Federal Minister Hussain met with Mr. Ahmet Burak Dağlıoğluö, President of Türkiye’s Investment Office. Minister BOI took keen interest in Türkiye’s experience in investment promotion in the country. It was agreed that both ogranizations will share their respective experiences with each other through regular exchanges.

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in 2022

# D8 Trade

Minister BOI meets with Turkey-Pakistan Business Council

January 5, 2024

MESSAGE FROM PRESIDENT DR. ARIF ALVI ON THE OCCASION OF THE RIGHT TO SELF-DETERMINATION DAY

Every year, on the 5th of January, we renew our support for the right to self-determination of the people of Jammu and Kashmir. On this day in 1949, the United Nations Commission for India and Pakistan (UNCIP) unanimously adopted a resolution affirming the right to self-determination of the Kashmiri people through a free and impartial plebiscite under the auspices of the United Nations.

The right to self-determination is a cardinal principle of international law, upheld in numerous core United Nations Treaties, including the International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and Cultural Rights. For decades, it has been reaffirmed by the UN General Assembly in its annual resolution on self-determination. However, the last 76 years of India’s occupation of Indian Illegally Occupied Jammu and Kashmir (IIOJK) are a sad story of repression of the people of Jammu and Kashmir.

India is trying to consolidate its occupation of IIOJK. The Indian Supreme Court’s judgement of 11 December 2023 on the status of this disputed territory is the latest step in this direction. India is trying to subjugate the Kashmiris through such oppressive tactics further. It continues to deny their inalienable right to self-determination and live with freedom and dignity.

Today’s commemoration is aimed at reminding the international community of its responsibility towards the oppressed Kashmiri people. The United Nations must honour the commitments that it made 75 years ago and support the Kashmiri people’s struggle for self-determination.

Pakistan remains determined to play its role in supporting the right to self-determination of Kashmiris through a free and impartial plebiscite as per the United Nations Security Council resolutions. Our strong and steadfast moral, political and diplomatic support for the Kashmiri people will continue till the realisation of this inalienable right.

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The Embassy of

Islamic Republic of Pakistan

Ankara, Türkiye