Reaffirming close, friendly and brotherly ties which
are deeply rooted in history, and a shared culture;
Acknowledging that these brotherly bonds which have
stood the test of time and transcend geographical distances are developing into
a robust, strong and strategic partnership;
Recognizing that the two countries share a common
vision and desire for peace and prosperity of their people and their region;
Recalling the Joint Political Declaration on
Intensified Cooperation and Establishment of High Level Cooperation Council
signed in Islamabad in October 2009 and the
Joint Declaration on Enhancing Pakistan-Turkey Partnership signed in Ankara in December 2010;
Desirous of giving further impetus to the excellent
relations between the two countries and for translating the gains arising out
of their partnership for peace and prosperity into a more meaningful, mutually
beneficial, long term cooperation in the economic and commercial areas;
Endorsing the results of the meetings of Joint
Working Groups of the High Level Cooperation Council held in Islamabad
on 19 and 20 May 2012 and at the 14th Joint Economic Commission held in in Islamabad on 21 May 2012,
We as the co-chairs of the Second Meeting of High Level
Cooperation Council held in Islamabad, on 22nd May 2012 with the participation
of:
H.E. Bekir Bozdağ, Deputy Prime
Minister, H.E. Erdoğan Bayraktar, Minister of Environment and Urban Planning,
H.E. Zafer Çağlayan, Minister of Economy, H.E. Taner Yıldız, Minister of Energy
and Natural Resources, H.E. Binali Yıldırım, Minister of Transport, Maritime
Affairs and Communications,
H.E. Mr. Makhdoom Amin Fahim,
Minister of Commerce, H.E. Dr. Abdul
Hafeez Sheikh, Minister of Finance and Economic Affairs, H.E. Syed Naveed
Qamar, Minister for Water and Power, H.E. Dr. Arbab Alamgir Khan, Minister for Communications, H.E. Mr. Qamar
Zaman Kaira, Minister for Information and Broadcasting, H.E. Ms. Samina Khalid
Ghurki, Minister for National Heritage and Integration, H.E. Mir Hazar Khan
Bijarani, Minister for Inter Provincial Coordination, H.E. Mr. Nazar Mohammad
Gondal, Minister for CADD, Minister-in-Waiting, H.E. Mr. Salim H. Mandviwalla, Chairman Board of Investment, H.E. Nawabzada Malik Amad,
Minister of State for Foreign Affairs,
Members of Parliaments as well as other
prominent dignitaries and officials,
Agreed as follows:
Political Cooperation
The High Level Cooperation Council shall continue to be
utilized as a major political forum to steer bilateral relations in all
spheres.
Intensive exchanges at the leadership level,
parliamentarians, media representatives and businessmen shall be furthered.
Mutual support at regional and international forums shall be
continued.
Annual consultations at the level of Foreign Ministers would
be held alternately in Ankara and Islamabad. The first
meeting will be hosted by Pakistan
in Islamabad in
the last quarter of 2012.
Security and Defence Cooperation
Cooperation between the security agencies of the two
countries would be broadened in the fields of counter terrorism and drug
trafficking especially in the areas of capacity building and exchange of
experience.
The armed forces of the two countries would intensify their
ongoing cooperation while defence related industries would focus on joint
defence production and related research and development activities.
Finance and Banking
Cooperation in the following areas shall be extended through
exchange of information and experience:
Banking sector including Islamic banking, microfinance
banking, trainings and exchange visits;
Insurance sector including insurance information center,
catastrophe insurance, insurance arbitration methods and private pension
system;
Capital market regulation, instruments and their
implementation;
Public debt and risk management systems;
Budget (Performance Based Budgeting), Financial Reporting
and Internal Financial Control.
Cooperation between the Financial Crimes Investigation Board
(MASAK) of Turkey and
Financial Monitoring Unit (FMU) of Pakistan in the field of anti money
laundering and terrorism financing shall be strengthened by sharing
information.
Means of collaboration between Istanbul Stock Exchange and
Karachi Stock Exchange with a view to facilitate cross border listing and
portfolio investment, and establishing an electronic exchange link to have
trading in stocks listed at both exchanges shall be explored.
Implementation of the Currency Swap Arrangement for mutual
cooperation signed between the Central Bank of the Republic
of Turkey and the State Bank of Pakistan shall
be furthered to maximize benefits.
Trade
The existing volume of trade between the two countries does
not reflect the real potential of their respective economies. Therefore, all
possible efforts to further promote and diversification of bilateral trade
shall be exerted, including facilitation of transportation of merchandise as
well as conclusion of bilateral Preferential Trade Agreement.
In order to create mutually agreed facilitative frameworks
to substantially enhance economic and commercial relations, the concerned
Ministries of the two countries were directed to conclude their technical
discussions expeditiously in order to finalize a comprehensive PTA as soon as
possible, which would provide comparative advantage to entrepreneurs from both
sides.
Welcome the conclusion of the treaty on Protection and
Promotion of Investments. Call on the corporate sectors of the two countries to
invest through joint ventures in the fields of energy, construction, steel
production, urban development and agro based industry.
Exchange of delegations with a view to enhance bilateral trade
and investment in textile and textile machinery, automotive and agricultural
industry, food processing industry and all other potential trade and investment
sectors shall be encouraged.
Pakistan
will provide special incentive packages and establish Exclusive Investment
Zones for the Turkish companies desirous of investing in Pakistan.
Mutual cooperation for further development of economic ties
with the Central Asian countries and smooth functioning of regional cooperation
initiatives shall be continued.
Next meeting of the Turkey-Pakistan Joint Business Council
shall be held in September 2012 or in March 2013 in Turkey which will bring up new
trade and investment opportunities in both countries.
Railways and Communications
Bilateral cooperation to facilitate transit trade and
improvement of transport corridors, ship building and repairs, Vessel Tracking
System, road construction projects, up-gradation of railway rolling stock and
locomotives shall be further enhanced.
Training of transport officials for capacity building and
exchange of visits of technical experts shall be supported.
An improved and efficient rail and road network was
important for the promotion of trade and economic linkages. In this respect,
operations of Islamabad-Tehran-Istanbul Container Train (ECO Train) on a
regular and timely basis with the participation of private sectors should be
ensured.
Turkey’s
strength and expertise in the area of road transport would be utilized for
further cooperation in this field.
The two countries would explore possibilities of cooperation
in the field of Railways including running of High Speed Trains as well as
production and repair of passenger and cargo wagons.
Energy
Cooperation in power generation shall be developed through
strengthening of information sharing on energy projects and facilitation of
private sector involvement.
A meeting will be held in Turkey before the end of 2012 to
develop cooperation in the field of renewable energy.
Cooperation in the field of geothermal sources, geo-information
systems (GIS) and remote sensing shall be developed through exchange of
scientific and technical information, exchange of expertise, study visits and
training.
Cooperation in the fields of coal mining and trade of
petroleum products shall be strengthened.
A Plan of Action on cooperation in the energy sector would
be drawn up as agreed during the meeting of the President of the Republic of Turkey
and the President of the Islamic Republic of Pakistan in Islamabad on 2 April 2010. The Joint Working
Group on Energy would work on the Plan of Action and would present its
recommendations to the next HLCC.
The private Pakistani and Turkish companies would be
encouraged to set up hydro electric power stations and sub stations on turn-key
basis.
The two countries would collaborate in the field of
renewable and clean energy including wind, solar, geothermal and biogas. The
MoU on cooperation in the field of renewable energy signed during the 2nd
meeting of HLCC would serve as the basis for this cooperation.
Education
Turkey
shall supply teachers, curriculum and training materials for Turkish language
courses, provided that the Turkish language be introduced in curriculum in Pakistan.
Turkey
shall provide for training of trainers for general as well as technical and vocational
education.
Experience shall be shared on developing curricula and list
of standards, training materials for use in vocational and technical training
schools.
A Joint Working Group on Technical and Vocational Training
will be constituted and the Terms of Reference will be mutually decided through
diplomatic channels.
A new exchange programme for civil experts in fields such as
energy, transport, agriculture, security services and public administration
shall be initiated. This programme shall provide on the job training
opportunities to contribute capacity building.
Scholarships schemes would be reviewed keeping in view the
needs of the students and to place more focus on science and technology
education.
The proposal to set up Techno parks through cooperation
between universities and the corporate sector would be pursued vigorously.
Culture and Tourism
The years 2013-2014 shall be celebrated as cultural years in
both the countries with a view to underline cultural commonalties and historic
relations of their people.
Cooperation in the field of media should be strengthened
through sharing of news and information, exchanges of television programmes and
documentaries. In this respect, the MoUs already signed between the state media
should be vigorously followed.
Film days and exchange of cultural troupes to promote
performing arts of two nations and exhibitions of paintings, calligraphies,
miniature arts, photographs and folks crafts shall be organized in both
countries. Direct contact between museums and institutions as well as exchange
of literary work, publication and translation of respective literature of Turkey and Pakistan shall be encouraged
The Government of Pakistan shall offer a free ethnographic
corner to Turkey
in Pakistani museums.
Turkey intends
to open a cultural center in Pakistan
in near future and welcomes the same initiative from Pakistan.
Keeping in view their diversified cultures and geographical
features Turkey and Pakistan shall
cooperate in the area of tourism. In
this framework, Turkey and Pakistan shall
participate in tourism fairs organized in both countries. Both sides shall invite their tour operators
to familiarize them with their touristic destination. Turkey offers training for managers and
officials in tourism sector of Pakistan.
Implementation Modalities
The seven Joint Working Groups of the High Level Cooperation
Council shall continue their work to develop specific programmes and projects.
During the Second Meeting of High Level Cooperation Council,
a number of MoUs/agreements on cooperation in various fields were signed. The
list is annexed.
The next meeting of the High Level Cooperation Council shall
be held in Ankara
in 2013. The dates shall be agreed upon through diplomatic channels.
Done in Islamabad
on 22 May 2012 in Turkish and English languages, both texts being equally
authentic.
Recep Tayyip Erdogan
Prime Minister of the Republic of Turkey
Syed Yusuf Raza Gilani
Prime Minister of the Islamic Republic of Pakistan
List of MoUs/Agreements
1. Memorandum of Understanding on Solid Waste Management between Karachi Municipality and Albayrak Holding
2. Protocol between Middle East Technical University
and Quaid-i Azam University
3. Protocol on Cooperation in the Field of Archives between the Government
of the Republic of Turkey and the Government of the Islamic Republic of Pakistan
4. Agreement Between the Government of the Republic
of Turkey and the Government of the
Islamic Republic
of Pakistan Concerning
the Reciprocal Promotion and Protection of Investments
5. Memorandum of Understanding between the Government of the Republic of Turkey
and the Government of the Islamic Republic
of Pakistan in the Field
of Urbanization
6. Framework Document Between Ministry of Transport, Maritime Affairs and
Communications of the Republic of Turkey and Ministry of Communications of the
Islamic Republic of Pakistan Concerning Cooperation in the Field of
International Road Transport
7. Memorandum of Understanding between the Government of the Republic of Turkey
and the Government of the Islamic Republic
of Pakistan on
Cooperation in the Field of Renewable Energy
8. Joint Economic Commission Protocol
9. Joint Declaration of the Second Meeting of Turkey-Pakistan High Level
Cooperation Council
