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PM 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.

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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.

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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.

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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.

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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.

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