Pakistan and Uzbekistan sign strategic partnership deal to boost bilateral trade
Pakistan and Uzbekistan sign strategic partnership deal to boost bilateral trade
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Pakistani and Uzbekistan have inked a strategic partnership agreement, pledging to boost bilateral trade volume by five times. The agreement was signed on Friday by Uzbek President Shavkat Mirziyoyev and visiting Pakistani Prime Minister Imran Khan, who jointly hosted a bilateral business forum on regional connectivity, according to reports.

With this agreement, they are vowed to expand multifaceted bilateral cooperation to all areas of mutual interest and stressed the need for resolution of the Afghanistan conflict through internal political process imperative for peace and progress of the whole region.

Several Memorandums of Understanding (MoUs) and agreements with a total worth of USD 500 million have been signed to strengthen cooperation in diverse areas, including transit trade and the simplification of visa procedures for businessmen and tourists.

PM Khan, while addressing the business forum, expre­ssed the hope that Pakistan’s connectivity (through rail, road and aviation) with Uzbekistan in trade and bilateral spheres would open up new avenues of prosperity in the region. He announced that countries including Uzbekistan, Pakistan, Tajikistan, Iran, and Turkey "will try and help facilitate a peace process in Afghanistan", "We are both concerned as neighbours of Afghanistan that the people of Afghanistan have suffered for the last 40 years," he said while referring to the Uzbek leader.

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