Overview

• The agreements deepen defence industry cooperation and mutual counterterrorism support between Pakistan and Turkey.
• They set a goal to boost bilateral trade to USD 5 billion as Pakistan seeks to diversify strategic ties during heightened tensions with India.
• Turkish and Pakistani energy firms will launch joint exploration of oil and natural gas in Pakistan’s offshore waters.
• Islamabad will create a Karachi Special Economic Zone for Turkish investors and has allocated land for a Turkish Maarif School in Muzaffarabad.
• Government delegations will meet in the coming weeks to finalize plans for reviving the Istanbul-Tehran-Islamabad rail corridor.