Uzbekistan, Pakistan Keen On Increasing Trade Turnover Volume

2024-04-25 03:10:15

(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, April 25. Uzbekistan andPakistan discussed expanding the volumes of mutual trade turnoverto $1 billion in the coming years, Trend reports.

According to Uzbekistan's Ministry of Investment, Industry, andTrade, the matter was reviewed at a meeting between Uzbek Ministerof Investment, Industry, and Trade Laziz Kudratov and Ambassador ofPakistan Ahmad Farooq.

The sides paid attention to the current state and new promisingdirections of trade and economic cooperation between Uzbekistan andPakistan.

Both parties discussed holding the next meeting of theIntergovernmental Joint Commission between Uzbekistan and Pakistanby the end of 2024 and organizing the Made in Uzbekistan exhibitionwithin its framework. In turn, the Made in Pakistan exhibition isplanned to be held in Tashkent in June this year.

At the end of the meeting, both sides agreed to review measuresto intensify joint work on the development of cooperation in theinvestment and transport spheres.

Meanwhile, the volume of exports to Pakistan from Uzbekistanreached $66.3 million from January through March 2024. This figureis 26.5 percent higher compared to the same period last year ($52.4million in January–March 2023).

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