Mr. Çağatay Özden, Head of Department, Asia and Pacific Countries, Ministry of Trade – Türkiye (right), and Mr. Abdul Hafeez, C.E.O. & President – EXIM Bank of Pakistan (2nd from Left), exchanging signed M.o.Us. at EXIM Bank of Pakistan’s Head Office in Islamabad.
ISLAMABAD, Wednesday, 13th of February, 2025: As part of the monumental Presidential visit of the Hon’ble President of the Republic of Türkiye, Recep Tayyip Erdoğan, to Pakistan,
an M.o.U. was signed between Export-Import Bank of Pakistan(EXIM Bank) and its Türkish counterpart. The M.o.U. supplementary to the meeting of Pakistan-Turkey High-Level Strategic Cooperation Council’s Joint Working Group on Banking & Finance.
The Hon’ble Mr. Çağatay Özden, Head of Department, Asia and Pacific Countries, General Directorate of International Agreements and EU, Ministry of Trade – Türkiye, exchanged the signed M.o.Us. with the Hon’ble C.E.O. & President (Acting) – EXIM Bank of Pakistan, Mr. Abdul Hafeez. The M.o.U. aims for cooperation and collaboration between the two E.C.As. on multiple areas of mutual interests under their mandates, including project cooperation in third countries through joint ventures, joint research Initiatives and knowledge exchange.
Commenting on the M.o.U., Mr. Çağatay Özden, said “We are excited to embark on this collaborative journey with EXIM Bank of Pakistan, which will undoubtedly enhance trade and investment opportunities.” He further added, “Together, we will leverage our strengths to address the evolving needs of our export sectors.”
Mr. Abdul Hafeez, C.E.O. & President (Acting) – EXIM Bank of Pakistan, remarked, “This collaboration with Türk Eximbank marks a significant advancement in EXIM Bank of Pakistan’s mandate to diversify exports. We welcome the cooperation and support of our Türk counterpart and are eager to leverage their extensive knowledge and technical expertise. This visit, led by the Hon’ble President Erdoğan, is momentous and reaffirms the brotherly bonds of the two nations, and this M.o.U. between the two national Export Credit Agencies is a practical representation of that.”
