Sample Solution

002).
In1981 Ministerial Joint Commission noted that to remedy inadequacy of shipping services for increasing trade between the two countries, efforts would be made to explore the possibilities among others, of trans-shipment of goods through Gulf ports. At that time the experts decided to meet and to study the matter. During Nineteen hundred eighties, the items of export from Pakistan included rice, iron steel, billet stainless steel sheet, cotton yarn, grey, cloth, surgical instruments, jute yarn, basin cloth and jut looms. Turkey offered Pakistan a 50 million dollars short term revolving credit facility for increasing the size of trade between the two countries. A separate protocol was endorsed between the State Bank of Pakistan and the Central Bank of Turkey finalizing banking arrangements related to the revolving credit (Hassan, 2002).
In the start of eighties (1981) Pakistan began to strain fact that the Muslim countries must strengthen their trade relations with each other, so that their economies could growth, the curse of poverty be excluded and they become less dependent on the West. That time of thoughtful owing to the various factors. The Iranian revolution ensured taken the world by storm. It needed crushed the myth that Western help is essential component for progress. Instead the people of the Muslim world had become influenced that great deeds could be realized through the motivation of masses. Islamic revolution needed enthralled the Muslim countries and they were more eager than before to forge strong ties with the brethren.
At the same time a procedure for greater economic and technical cooperation was signed between Turkey and Pakistan on November 12, 1981. Thus both sides Pakistan and Turkey noted that the size of trade was motionless low and therefore identified the constraints, inadequate shipping and telecommunications links and lack of contacts between businessmen. It was also noted between the steps take