Saturday, March 25, 2023
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Macroregional Context


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Delegation of the Islamic Republic of Pakistan on a visit to Uzbekistan

On February 24, a meeting was held in Tashkent between the Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov and the Minister of Finance of Pakistan Ishak Dar.

During the talks, prospects for the development of bilateral cooperation in such priority areas as transport and logistics, the growth of mutual trade, investment and industrial cooperation, and banking were discussed.

Further measures were considered to increase the volume of Uzbek-Pakistani trade, which reached $240 million in 2022. The parties mutually supported the adoption of specific measures to accelerate the practical implementation of the Agreement on Preferential Trade and the diversification of transport corridors in order to create prerequisites for increasing the volume of mutual trade.

At the meeting, an agreement was reached to accelerate the progress of the project for the construction of the trans-Afghan railway. Among other agreed measures is an increase in the volume of multimodal cargo transportation, the creation of terminals in the territories of both states for further joint export of products to the markets of third countries.

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