Trade between Pakistan and Uzbekistan has risen from $ 122 million to $ 404 million, while $ 320 million has been registered. In investments from August this year. Both sides have set an ambitious goal of getting trade for $ 2B in the coming years.
New trading opportunities open between Pakistan and Central Asian states on the back of Special Investment Facilitation Council (SIFC), with bilateral ties between two witnesses to record growth.
Read: Pakistan-Uzbekistan tapes require paradigm shifts
Photo: App
Uzbek — Diplomat Oyk Kambarov During a visit to the Multan Chamber of Commerce, Tashkent’s obligation to establish special economic zones with tax incentives for Pakistani investors. Currently, 18 industrial zones are operational across key sectors, including textiles, food processing, agro -based industries and leather.
The two countries have also launched three direct flights and streamlined business visa process for just three days, steps, as officials say, will increase the connection and trade facilitation.
During his journey, Kambarov toured various Pakistan industries and praised their quality and innovation. MCCI Senior Vice President Khawaja Mohsin highlighted the role of the chamber in South Punjab and suggested the establishment of warehouse facilities for Pakistani exporters in Uzbekistan. Both governments agreed to intensify B2B meetings, trade shows and one-country exhibitions to elaborate on the cooperation.
Officials said SIFC’s commitment has created “a new chapter in Global Partnership” that expands the bilateral commitment across trade, investment and technology.
