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Pakistan, Uzbekistan to enhance trade & investment ties

News Desk by News Desk
February 24, 2023
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Pakistan, Uzbekistan to enhance trade & investment ties
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Shavkat Mirziyoyev, President of the Republic of Uzbekistan, and Muhammad Ishaq Dar, Federal Minister for Finance and Revenue of Pakistan, met in Tashkent.

 

To co-chair the 8th Session of the Pakistan-Uzbekistan Joint Ministerial Commission, Ishaq Dar came in Tashkent. He was met at the airport by Badriddin Abidov, Deputy Minister of Uzbekistan’s Ministry of Investments and International Trade.

Ishaq Dar and Shavkat Mirziyoyev talked about topics pertaining to the growth of mutually beneficial cooperation between Pakistan and Uzbekistan. As well as features of project implementation in the commerce, investment, and transportation sectors.

Dar thanked the president of Uzbekistan for the meeting and sent greetings and good wishes on behalf of Pakistani Prime Minister Shahbaz Sharif.

 

The execution of significant transit and favored trade agreements was the focus of the discussion.

Also, it was emphasized how critical it is to advance particular cooperation initiatives in a range of economic sectors. As part of the agenda for intergovernmental negotiations.

In addition to speeding the railway building project that connects Central and South Asia via Afghanistan and leads to Pakistan’s ports. Both dignitaries emphasized the significance of expanding bilateral bus services.

Laziz Kudratov, the minister of investments, industry, and trade for Uzbekistan, and Ishaq Dar also met on Thursday in Tashkent. They talked on how to improve the two nations’ economic, trade, and commercial ties.

After the fall of the Soviet Union and the freedom of the Central Asian states, Pakistan was among the first nations to recognize Uzbekistan. Since then, relations between Pakistan and Uzbekistan have been friendly and cordial.

 

Further reinforcing this link has been religious coherence. Both parties have performed a number of state visits to define regional and international goals.

In addition, both nations work closely together in international fora like the United Nations (UN), Organization of Islamic Cooperation (OIC). The Economic Cooperation Organization (ECO), and Shanghai Cooperation Organization.

 

The existence of an Urdu department at two of Uzbekistan’s top institutions is evidence of efforts to improve cultural fusion.

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