Home Business Saudi-Pakistan-Türkiye Defence pact opens new window for regional stability, economic cooperation

Saudi-Pakistan-Türkiye Defence pact opens new window for regional stability, economic cooperation

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ISLAMABAD
President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has welcomed the landmark Saudi Arabia-Pakistan-Türkiye Joint Defence Agreement, terming it a significant development with the potential to strengthen regional stability, strategic confidence and the broader environment for economic cooperation and shared prosperity.
Talking to a visiting group of trade and business leaders here on Saturday, he said stronger strategic ties among the three countries should also translate into greater economic integration, increased private-sector linkages and mutually beneficial investment partnerships.
The Desk will facilitate information sharing, connect investors and exporters, support B2B matchmaking, and help businesses navigate commercial opportunities, institutional linkages and potential joint ventures.

“Peace and security create the foundation; business, investment and innovation build prosperity on that foundation,” he remarked. Sardar Tahir said ICCI was also committed to converting the historic Pakistan-Türkiye relationship into tangible economic opportunities and announced that the Chamber would establish a dedicated Pakistan-Türkiye Business Facilitation Desk to provide a permanent platform for the business communities of both countries.

He said the initiative would help transform bilateral economic engagement from occasional interactions into structured, sustained and results-oriented business cooperation.
He said ICCI was taking its economic diplomacy agenda to the next level as he will lead a high-powered business delegation to Türkiye on August 13, 2026, comprising prominent business leaders and entrepreneurs from diverse sectors. During the visit, ICCI will organize a Business Opportunity Conference, focused B2B matchmaking meetings and a prestigious Global Excellence Award Ceremony, providing Pakistani businesses an opportunity to establish direct partnerships with Turkish counterparts and showcase Pakistan’s investment and business potential.
He added that the ICCI initiative was designed to identify concrete opportunities for trade, investment, joint ventures, technology cooperation and market access, particularly in sectors where both countries could leverage their respective strengths. Sardar Tahir expressed confidence that stronger private-sector engagement would contribute meaningfully towards the shared economic vision of the leadership of Pakistan and Türkiye to increase bilateral trade towards the USD 5 billion target.
He emphasized that economic diplomacy must now move from dialogue to delivery, with chambers of commerce, business organizations and private-sector leaders taking the lead in creating sustainable commercial partnerships.
“The time has come to move from relationships to results—from meetings to market access, and from agreements to investments and jobs,” he added, reiterating ICCI’s resolve to position Pakistan’s private sector as a proactive partner in the country’s global economic outreach.