The Pakistan Chemical Manufacturers Association (PCMA) Turkish Chemical Manufacturers Association (TCMA) have signed a Memorandum of Understanding (MoU) in order to explore joint venture opportunities in the field of Chemical Industry between Pakistan and Turkey.
The MoU was signed by Syed Iqbal A. Kidwai, Secretary General/CEO PCMA and Elif Özman PUSAT, Director (TCMA) at the PCMA’s stand in Turkchem Exhibition in Istanbul. Under the MOU, the organizations will be facilitating their members to conduct industrial visits and hold B2B meetings for any joint ventures with their Turkish and Pakistani counterparts. Furthermore, the associations would also be maintaining collaborations for organizing and conducting national and international conferences, seminars, workshops or interactive sessions. Under the MoU, mutual cooperation in exchange of information, new innovations and new product developments would also be managed.
Both the parties will be holding bi-annual basis for an effective and meaningful coordination, at TCMA, Istanbul, and PCMA office Lahore to review the progress and discuss. Moreover, both the associations have also decided to nominate senior executive focal persons to act as Chief Coordinator to ensure implementation of the MoU and such Joint Projects.
Reference links: nation.com.pk