Islamabad, July 24, 2022 (PPI-OT):Ambassador of Uzbekistan to Pakistan Aybek Arif Usmanov said Pakistan and Uzbekistan are set to increase the bilateral trade volume up to one billion dollars from 180 million dollars in the coming two years.
Talking to the APP, the ambassador said the implementation of Preferential Trade Agreement between Pakistan and Uzbekistan is going on successfully and bilateral trade will get development through it. He said that at this time mutual trade barriers and customs issues are major issues which both of the countries are working on a mechanism to resolve them.
He said that a transit trade agreement has been signed between Pakistan and Uzbekistan in this last year, which has a very important role in promoting mutual trade. He said that the governments of both the countries are implementing a comprehensive plan for the increase of mutual trade in the two countries.
Ambassador Arif Usmanov said that road and rail links are very important for the promotion of mutual trade between the Central Asian states. He said that work has been started on China, Kyrgyzstan and Uzbekistan railway line.
For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk