ISLAMABAD
\nUzbekistan Ambassador to Pakistan, Aybek Arif Usmanov, called on Federal Minister for Commerce Syed Naveed Qamar on Tuesday and shown keen interest to invest in E-Commerce, trade and industry in Pakistan
\nDuring the meeting, Syed Naveed Qamar acknowledged the enormous potential for trade between the two countries and said that there was a need to identify new sectors for cooperation.
\nHe assured the Ambassador of his full support and cooperation to explore avenues for mutual investments to meet actual potential of the trade and appreciated the Ambassador\u2019s efforts to enhance bilateral trade.
\nThe Ambassador expressed his interest in trade, industry, and e-commerce sectors and emphasized the need to take more practical steps to meet the 1 billion action plan between Pakistan and Uzbekistan.
\nHe said bilateral trade relations had shown a positive trend, and trade data of FY 2021-22 reflects a growth of nearly USD 91 million (with exports amounting to USD 57 million). Whereas Pakistan\u2019s exports to Uzbekistan have doubled from US S36.56 million in July-March FY 2021-22 to US S73.12 million during July-March FY 2022-23.
\nHe also agreed with the minister that if we could remove unwanted barriers then the trade volume could touch the 5 billion very easily. The Ambassador also acknowledged and appreciated the Minister\u2019s efforts for recent consolidation among political parties to bring them all on the negotiation table.
\nThe two sides agreed to continue working closely together to identify opportunities for cooperation in trade, investment, and other sectors. The meeting ended on a positive note, with both sides expressing their commitment to strengthening bilateral relations between Pakistan and Uzbekistan. <\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Uzbekistan Ambassador to Pakistan, Aybek Arif Usmanov, called on Federal Minister for Commerce Syed Naveed Qamar on Tuesday and shown keen interest to invest in E-Commerce, trade and industry in Pakistan During the meeting, Syed Naveed Qamar acknowledged the enormous potential for trade between the two countries and said that there was a need […]<\/p>\n","protected":false},"author":2,"featured_media":326718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-326695","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n