Pakistan And Uzbekistan sign transit trade agreement and other MoUs

Prime Minister of Pakistan, Mr. Imran Khan, inaugurated the business forum. The purpose of this initiative was to bring the businessmen of Pakistan and Uzbekistan under one roof to explore ways to enhance trade and investment.

Advisor to the Prime Minister on Commerce, Mr. Abdul Razak Dawood, presented bilateral trade opportunities and signed MOUs and the Transit Trade Agreement. He emphasized the importance of cooperation in enhancing trade and investment. He also met with different Uzbek and Pakistani delegates, chambers and associations and discussed possible ways to increase bilateral trade and investment.

As part of the vision of the present government, to make Pakistan a trade, transit and trans-shipment hub, and enhance regional connectivity with Central Asia, Pakistan provides the shortest route for trade.

He highlighted importance of Pakistan’s geo-strategic location, a market of 220 million people and access to Central Asian states through Uzbekistan.