‘PTA to increase trade between Pak, Uzbekistan’

Signing of agreement will take place during Uzbek President's visit to Pakistan on March 3

ISLAMABAD:

Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Tuesday said that the Preferential Trade Agreement (PTA) to increase bilateral trade between Pakistan and Uzbekistan is expected to be finalised on March 4.

The signing of the agreement will take place during Uzbekistan President Shavkat Mirziyoyev visit to Pakistan on March 3 to facilitate bilateral and transit trade between Pakistan and Uzbekistan and enhance the connectivity with Afghanistan, the adviser said.

Dawood made these remarks while talking to media along with Deputy Prime Minister, Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov after meeting country’s top CEOs from different sectors in Islamabad.

Read Pakistan, Uzbekistan pledge to upgrade ties

The agenda of the meeting stated how Ministry of Commerce can increase the exports from textile, food, IT and pharmaceuticals sectors and that how these sectors can establish working relationships with Uzbekistan and other Central Asian states.

The adviser said that the Uzbek president would visit Pakistan from March 2-3 to discuss ways to improve bilateral, economic and trade relations and sign various trade agreements.