Pakistan, Turkey agree to enhance cooperation in energy sector

ISLAMABAD: Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul called on Power and Petroleum Minister Omar Ayub Khan on Tuesday to discuss matters pertaining to bilateral cooperation between the two countries, particularly in the energy sector.

Both sides agreed that special areas related to the energy sector would be identified by both the countries before the upcoming visit of the Turkish president to Pakistan.

Speaking on the occasion, Minister Omar Ayub Khan stated that Pakistan’s energy sector is growing fast, adding that the enormous renewable energy potential of the country needs to be tapped by the foreign investors.

He said that the government’s new renewable energy policy is in the process, approval of which would open the sector for new investments. He also invited the Turkish companies to invest in the power sector.

The Turkish envoy thanked the minister for continued support to the Turkish companies working in Pakistan. He informed that many Turkish investors are closely following the growing energy sector of Pakistan and are ready to invest in its various fields.

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Foreign exchange rates in Pakistan for today, November 26, 2024

The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin on Tuesday.