Pakistan PM invites Turkiye to join China-Pakistan Economic Corridor for regional progress

Turkiye President Recep Tayyip Erdogan (right) speaks during a joint press conference with Pakistan Prime Minister Shehbaz Sharif (left) in Istanbul on November 25, 2022. (Photo courtesy: Twitter/tcbestepe)
Short Url
Updated 26 November 2022
Follow

Pakistan PM invites Turkiye to join China-Pakistan Economic Corridor for regional progress

  • Shehbaz Sharif says he will discuss the matter with Chinese leadership, if Turkiye agrees to the idea
  • Pakistan prime minister vows to make all-out efforts to achieve the target of $5 billion bilateral trade

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday invited Turkiye to join the China-Pakistan Economic Corridor (CPEC) to bring about regional prosperity, alleviate poverty and empower people through better education and health facilities, Pakistani state media reported.

Sharif arrived in Turkiye on Friday on a two-day visit that he said would unpack the “untapped potential” of bilateral ties between the two countries.

The prime minister vowed to boost Pakistan-Turkiye trade and defense cooperation to $5 billion, inviting Turkiye to join CPEC, a major segment of Beijing’s Belt and Road infrastructure initiative.

Under the $65 billion project, Beijing is building a network of roads, railways, pipelines and ports in Pakistan that will connect China to the Arabian Sea and help Islamabad expand and modernize its economy.

“I would suggest that let this be a cooperation between China, Pakistan and Turkiye. This would be a wonderful joint cooperation. This will bring prosperity and progress to this entire region,” Pakistan’s APP news agency quoted Sharif as saying at a joint press stakeout with Turkish President Recep Tayyip Erdogan.

“This will help alleviate poverty and unemployment. This will certainly empower our poor people. This will promote education and health. This is how we can meet the challenges of today.”

Sharif said he would be “happy” to discuss the matter with the Chinese leadership, if Turkiye moved ahead on the idea of joining the CPEC.

In their meeting, the two leaders underscored the effective implementation of a trade and goods agreement the two countries signed in August this year, according to the report.

Sharif said the $1 billion trade volume between Pakistan and Turkiye did not reflect the close brotherly relations and promised to make all-out efforts to achieve the target of $5 billion trade between the two countries.

Erdogan said both countries were hopeful of further increasing their relations in trade, defense and other sectors.

Expressing grief over the deaths and destruction caused by the recent floods in Pakistan, the Turkish president said, “Our solidarity has been shown to each other during challenging times… Pakistan’s joy is our joy and their grief is our grief.”

The deadly floods, blamed on climate change, killed more than 1,700 Pakistanis, affected 33 million others and caused the country more than $30 billion losses earlier this year.


EU, Pakistan sign €60 million loan agreement for clean drinking water in Karachi

Updated 17 December 2025
Follow

EU, Pakistan sign €60 million loan agreement for clean drinking water in Karachi

  • Project will finance rehabilitation, construction of water treatment facilities in Karachi city, says European Investment Bank
  • As per a report in 2023, 90 percent of water samples collected from various places in city was deemed unfit for drinking

ISLAMABAD: The European Investment Bank (EIB) and Pakistan’s government on Wednesday signed a €60 million loan agreement, the first between the two sides in a decade, to support the delivery of clean drinking water in Karachi, the EU said in a statement. 

The Karachi Water Infrastructure Framework, approved in August this year by the EIB, will finance the rehabilitation and construction of water treatment facilities in Pakistan’s most populous city of Karachi to increase safe water supply and improve water security. 

The agreement was signed between the two sides at the sidelines of the 15th Pak-EU Joint Commission in Brussels, state broadcaster Radio Pakistan reported. 

“Today, the @EIB signed its first loan agreement with Pakistan in a decade: a €60 million loan supporting the delivery of clean drinking water for #Karachi,” the EU said on social media platform X. 

Radio Pakistan said the agreement reflects Pakistan’s commitment to modernize essential urban services and promote climate-resilient infrastructure.

“The declaration demonstrates the continued momentum in Pakistan-EU cooperation and highlights shared priorities in sustainable development, public service delivery, and climate and environmental resilience,” it said. 

Karachi has a chronic clean drinking water problem. As per a Karachi Water and Sewerage Corporation (KWSC) study conducted in 2023, 90 percent of water from samples collected from various places in the city was deemed unsafe for drinking purposes, contaminated with E. coli, coliform bacteria, and other harmful pathogens. 

The problem has forced most residents of the city to get their water through drilled motor-operated wells (known as ‘bores’), even as groundwater in the coastal city tends to be salty and unfit for human consumption.

Other options for residents include either buying unfiltered water from private water tanker operators, who fill up at a network of legal and illegal water hydrants across the city, or buying it from reverse osmosis plants that they visit to fill up bottles or have delivered to their homes.

The EU provides Pakistan about €100 million annually in grants for development and cooperation. This includes efforts to achieve green inclusive growth, increase education and employment skills, promote good governance, human rights, rule of law and ensure sustainable management of natural resources.