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Turkish PM wants Karkey power plant issue settled

Turkish Prime Minister Recep Tayyup Erdogan on Wednesday said that if the issue of Karkey Power Plant was not resolved, itmight have a negative impact on Turkish investors who were keen to invest in Pakistan.

The Turkish prime minister, who arrived straight from the airport to attend the D-8 Summit, held one-on-one meeting with Prime Minister Raja Pervaiz Ashraf and raised the issue when both the leaders led their respective delegations to the delegation-level meeting.

Reiterating concern of the Turkish government on the Karkey issue, the Turkish prime minister said while understanding the legal complications that are inherent in litigations, the executive would find a way to resolve this matter.

“Failure to do so would have a negative impact on Turkish investors in Pakistan,” he added.He expressed his special concern as the ship had been mounted with state-of-the-art devices, which are likely to be damaged with the passage of time.

He said that Turkish investors were keen to invest on BOT basis for construction of dams in Pakistan. The Turkish companies were only second to China in respect of construction of dams, he added.

The Turkish premier said that Pakistan was blessed with huge water resources, which needed investment for harnessing it to meet its energy and water requirements. “Turkish companies are ready to help Pakistan in this connection,” he affirmed.

The Turkish prime minister condemned the attack on Malala Yousafzai and said Turkey would be very happy if nomination of Malala for the Nobel peace prize was accepted.

He referred to his last visit on May 22, where substantive progress had been made between the two countries. He also called for evaluation and examination of the decisions between the two sides. He thanked the Government of Pakistan for rescuing the Turkish workers during the recent floods, who were working in Balochistan for the construction of housing units. He informed his Pakistani counterpart that 4,120 housing units would be delivered to Pakistan very soon. He said that Turkey had been keenly following developments in Pakistan. He also announced 65 scholarships for Pakistani students in Turkish universities.

He condemned the relentless attack by Israel on Palestinians and also referred to the situation in Syria.Prime Minister Raja thanked his Turkish counterpart for his participation in the D-8 Summit.

He said that the trade between Pakistan and Turkey was not commensurate with the ties between the two countries. Commenting on the present volume of trade, he hoped that the Turkish side would have a favourable look at the tariff structure for improving the volume of trade between the two countries.

Meanwhile, President Asif Ali Zardari emphasized the need for fast tracking the conclusion of Pakistan-Turkey Preferential Trade Agreement (PTA) and creating facilitative mechanisms and opportunities for investors and private sectors of the two countries to bolster the bilateral trade to new heights and to achieve the mutually-agreed trade target of $2 billion.

The president said this during his meeting with Turkish Prime Minister Recep Tayyip Erdogan at the Aiwan-e-Sadr on Wednesday on the sidelines of Eighth D-8 Summit.The president welcomed the recent suggestion from the Turkish side to include mutual concessions within the ambit of the PTA. “It is high time to translate the gains of the excellent political relations between the two countries for qualitative up-gradation in our bilateral economic and commercial ties.”

Briefing about the meeting, Spokesperson to the President Senator Farhatullah Babar said that the two leaders held wide-ranging discussions on bilateral, regional and international issues, peace process in Afghanistan and the situation in the Middle East.

The president during the meeting invited Turkish investment in key sectors such as infrastructure, housing, engineering, energy, agriculture, telecommunications and mining and said that it was encouraging that private sectors of the two countries are collaborating in the energy, construction, food processing and rubber industries.

Turkish Prime Minister Erdogan said that Pak-Turkey bilateral relationship would grow with every passing day and touch new heights in the near future.

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