PM Shahbaz Sharif, Uzbek President discuss trade and economic ties

Government of PakistanPM Shahbaz Sharif, Uzbek President discuss trade and economic ties

SAMARKAND, Uzbekistan: Prime Minister Shahbaz Sharif and President of Uzbekistan Shavkat Mirziyoyev met on the sidelines of Heads of Summit of the Shanghai Cooperation Organization (SCO) in Uzbekistan’s City Samarkand on Thursday.

The two leaders exchanged views on Pakistan-Uzbekistan relations, and regional and international issues.

Prime Minister Shahbaz Sharif thanked the Uzbek President Shavkat Mirziyoyev for his sympathies and condolences on sending humanitarian aid to the flood affected people.

The prime minister highlighted the devastation caused by the climate induced floods in terms of loss of human lives and damage to crops, livestock, housing and critical infrastructure.

The wide-ranging talks covered bilateral cooperation, with a special focus on trade and economic relations, and regional connectivity through rail, road and seaports.

Shahbaz Sharif underscored the significance of enhancing political ties, fast-tracking trade and economic cooperation by fully operationalizing Uzbekistan-Pakistan Transit Trade Agreement (UPTTA) and Preferential Trade Agreement (PTA).

The prime minister underlined the need for closer defence and security cooperation, and further increasing collaboration in the fields of education, culture and tourism.

The prime minister emphasized that liberalized Visa Regime would encourage business community of both countries to boost bilateral trade and investment.

Prime Minister Shahbaz Sharif reaffirmed Pakistan’s commitment to the timely completion of Trans-Afghan Railway project and expressed satisfaction at the successful completion of field expedition inside Afghanistan by the technical teams from Afghanistan, Pakistan and Uzbekistan. Once completed, this project would effectively link the Central Asian Countries with the world through the seaports of Karachi and Gwadar.

The two leaders agreed to early convening of the Inter-Governmental Commission to formulate specific proposals and projects to further deepen and broaden Pakistan-Uzbekistan cooperation across the entire spectrum.

The prime minister extended an invitation to the Uzbek president to visit Pakistan while the latter also invited the former to visit Uzbekistan at an early date.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM Shahbaz Sharif attends a reception hosted by US President Joe Biden

0
NEW YORK: Prime Minister Shahbaz Sharif attended a reception hosted by the US President Joe Biden in honor of the heads of government participating...
COP29: G-7 must understand their responsibility while making relevant decisions, says Parvana Valiyeva

COP29: G-7 must understand their responsibility while making relevant decisions, says Parvana Valiyeva

0
Monitoring Desk: “G7 and to a certain extent G20 countries must understand their responsibility (a reference to COP29), make relevant decisions, and reach a...
COP29: G-7 must understand their responsibility while making relevant decisions, says Parvana Valiyeva

Korea keenly interested in fostering greater cooperation with Pakistan: Envoy

0
ISLAMABAD, Pakistan: The Ambassador of the Republic of Korea Park ki Jun has expressed his Country’s keen interest in fostering greater cooperation with Pakistan...

Mari Petroleum’s Chartered MI-8 Helicopter crashes in North Waziristan; 6 killed & 8 injured

0
PESHAWAR, Pakistan: A Chartered MI-8 Helicopter of Mari Petroleum Company crashed in Khyber Pakhtunkhwa’s North Waziristan district on Saturday after taking off near the...

Pakistan Embassy in Beijing Hosts Business and Investment Roundtable

0
BEIJING, China: As part of ongoing efforts to promote investment cooperation between Pakistan and China, the Embassy of Pakistan in Beijing hosted a Business...
Advertisement