TASHKENT, Uzbekistan, April 25. Uzbekistan and Pakistan discussed expanding the volumes of mutual trade turnover to $1 billion in the coming years, Trend reports.
According to Uzbekistan’s Ministry of Investment, Industry, and Trade, the matter was reviewed at a meeting between Uzbek Minister of Investment, Industry, and Trade Laziz Kudratov and Ambassador of Pakistan Ahmad Farooq.
The sides paid attention to the current state and new promising directions of trade and economic cooperation between Uzbekistan and Pakistan.
Both parties discussed holding the next meeting of the Intergovernmental Joint Commission between Uzbekistan and Pakistan by the end of 2024 and organizing the Made in Uzbekistan exhibition within its framework. In turn, the Made in Pakistan exhibition is planned to be held in Tashkent in June this year.
At the end of the meeting, both sides agreed to review measures to intensify joint work on the development of cooperation in the investment and transport spheres.
Meanwhile, the volume of exports to Pakistan from Uzbekistan reached $66.3 million from January through March 2024. This figure is 26.5 percent higher compared to the same period last year ($52.4 million in January–March 2023).