ISLAMABAD, August 8: President of the Islamabad Chamber of Commerce and Industry (ICCI) Sardar Tahir Mehmood has welcomed the Saudi Arabia-Pakistan-Türkiye Joint Defence Agreement, describing it as a significant development that could strengthen regional stability and create a more favourable environment for economic cooperation and investment.
Speaking to a visiting group of trade and business leaders in Islamabad, Sardar Tahir said stronger strategic ties among the three countries should be translated into greater economic integration, stronger private-sector connections and mutually beneficial investment partnerships.
“Peace and security create the foundation; business, investment and innovation build prosperity on that foundation,” he said.
ICCI to Establish Pakistan-Türkiye Business Facilitation Desk
Sardar Tahir said ICCI would establish a dedicated Pakistan-Türkiye Business Facilitation Desk to provide a permanent platform for businesses from both countries.
The desk will facilitate the exchange of commercial information, connect investors and exporters, support business-to-business matchmaking and help companies explore institutional linkages, joint ventures and other commercial opportunities.
He said the initiative was intended to shift bilateral economic engagement from occasional interactions towards structured and sustained business cooperation.
ICCI Delegation to Visit Türkiye
Sardar Tahir said ICCI would further its economic diplomacy agenda by leading a high-powered business delegation to Türkiye on August 13, 2026.
The delegation will include prominent business leaders and entrepreneurs from various sectors. During the visit, ICCI plans to organise a Business Opportunity Conference, B2B matchmaking meetings and a Global Excellence Award Ceremony.
The activities will provide Pakistani businesses with opportunities to establish direct partnerships with Turkish companies and present Pakistan’s investment and business potential.
According to Sardar Tahir, the initiative will focus on identifying opportunities for trade, investment, joint ventures, technology cooperation and market access, particularly in sectors where the two countries can leverage their respective strengths.
Focus on $5 Billion Trade Target
The ICCI president expressed confidence that stronger private-sector engagement could contribute to the shared economic objective of increasing bilateral trade between Pakistan and Türkiye towards the $5 billion target.
He said economic diplomacy should increasingly focus on practical outcomes, with chambers of commerce, business organisations and private-sector leaders playing a greater role in building 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,” Sardar Tahir said.
He reiterated ICCI’s commitment to positioning Pakistan’s private sector as an active participant in the country’s international economic outreach.
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