PM calls for deepening business, economic ties b/w Pakistan and Uzbekistan

TASHKENT: Prime Minister Imran Khan has stressed for deepening business and economic relations between Pakistan and Uzbekistan.

Addressing Pakistan-Uzbekistan Business Forum in Tashkent on Thursday, he was confident that this bilateral relationship will further grow.

He expressed satisfaction over the contracts signed by Pakistani business houses with their Uzbek counterparts. He hoped his visit will further deepen these business connections.

Alluding to the historic, cultural and spiritual connections between the two countries, the Prime Minister stressed that Trans-Afghan railway project is of paramount importance for Pakistan and Uzbekistan to improve their trade relationship.  He noted this connectivity project will connect Uzbekistan with Pakistan’s seaports and open new markets for it. 

He said Pakistan is keen to see peace and political settlement in Afghanistan to reap the benefits of connectivity. He also called for more frequent flights between Pakistan and Uzbekistan.

Addressing Business Forum Adviser on Commerce Razak Dawood said Pakistan and Uzbekistan will sign a Preferential Trade Agreement (PTA) to bolster their trade and economic relations.

He said a new era of cooperation between Pakistan and Uzbekistan will start through Preferential Trade Agreement, banking system and improvement in customs.

He said Pakistani businessmen have come up with a plan for investment in Uzbekistan.

Talking to the media in Tashkent, Secretary Board of Investment, Fareena Mazhar said the negotiations relating to PTA will be completed in two months. She said there is already consensus between the two sides on important matters. 

Earlier, on arrival a formal welcome ceremony in the honor of Prime Minister Imran Khan was held at Kuksaroy Presidential Palace, Tashkent on Thursday.

National anthems of the two countries were played on the occasion.

A smartly turned out contingent the Uzbek forces presented guard of honor to the Prime Minister.

Uzbek President Shavkat Mirziyovev and the Prime Minister introduced their cabinet members to each other.