TURKEY-PAKISTAN RELATIONS AND THE RISE OF GEO-ECONOMIC STATECRAFT

Abstract

This paper explores the dynamic relationship between Pakistan and Turkey, examining their trade, investment and collaboration in strategic sectors through the lens of neoliberalism. How neoliberal economic policies have influenced bilateral trade, investment flows, and economic cooperation between these nations? What are the primary challenges and opportunities for Pakistan and Turkey in strengthening their geo-economics relations? The research leans on the concept that neoliberalism uses market liberalization with privatization and minimal government role to build economic connections alongside removing trade barriers and investment restrictions. Through qualitative research examining policy documents, economic data and trade agreements; the study provides an in-depth exploration of the economic interactions between Turkey and Pakistan. Both nations benefit from neoliberal policy implementations to increased economic ties yet challenges such as government interventions and protectionist measures and political turbulence block the full achievement of these policies. The research points to promising potential in fostering deeper economic integration through strategic development of renewable energy, textile sectors, the China-Pakistan Economic Corridor (CPEC) and digital infrastructure. The research suggests that strategic growth can occur through three vital recommendations: first officials must finalize an FTA implementation then policy variables should prioritize public-private partnerships across key sectors and third officials must increase digital infrastructure to enhance trade capabilities. The steps recommended would dramatically enhance economic ties between Turkey and Pakistan thereby promoting mutual development while enhancing regional peace.

Keywords: Pakistan, Turkey, Neoliberalism, Economic Cooperation, Challenges, Opportunities