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General Business News

Turkish member of board and owner of Dada Private Sons meet with Federal minister Riaz Pirzada Agreements of cotton trade are being signed with Turkey

Islamabad: Today a Turkish member of Board Agaglu and owner of Dada Private Sons and Star Cotton Private Atif Saeed Dada meet today with Federal Minister for Professional and Technical Training, Riaz Pirzada to sign agreements of exporting cotton to Turkey. Turkish Prime Minister Tayyip Erdogan urged the desire to settle their trade agreements with Pakistan Government after trade break up with Israel.

Today in the meeting it was decided that in first step feasibility and capacity of Pakistan to export their cotton will be checked and from upcoming year cotton will be exported to turkey. It is hoped that upto 5 million bales of cotton will be export to turkey.

Owner of Dada private sons, Mr. Atif Saeed Dada told that Pakistan itself is a rich consumer of cotton but we will prefer Turkey to export of our surplus cotton over other neighbouring states. Federal Minister Riaz Pirzada told that it is very good news for the cotton land holders and farmers as with this agreement, in the upcoming months the price of cotton will hike and they will earn sound benefits.

Federal Minister Riaz Pirzada further said that after china, our trade with Turkey will open new avenues for traders and it will help Pakistan to stabilize its economy. Former Minister for Textile and member of National Assembly Rana Farooq Saeed Khan also attended the meeting.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +9251 925 2323 and +9251 925 2324
Fax: +9251 925 2325 and +9251 925 2326
Email: piopid@gmail.com




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