In particular, meetings were held with PRI Minister of Commerce Sayyid Naveed Qamar, his First Deputy Sualeh Ahmad Farooqi, Minister of National Food Security and Research Tariq Bashir Cheema, Minister of Finance Ishak Dar, Minister of Planning, Development and Special Initiatives Ahsan Iqbal, Minister of Railways Khawaja Saad Rafik.
At these meetings, such topical issues of current bilateral cooperation were raised as the adoption and further implementation of a joint program to bring trade turnover to $1 billion, coordination and ensuring the entry into force of the Preferential Trade Agreement, active use of the existing Transit Trade Agreement. An agreement was reached on taking concrete measures for the practical implementation of investment projects in the textile industry, in the production of building materials, mineral fertilizers, household appliances, housing construction, scientific and technical sphere and tourism, with a total value of over 500 million dollars, as well as mutual supplies of chemical products.
The prospects of fully utilizing the transit potential of Uzbekistan and Pakistan in the context of joint entry into the markets of the CIS countries, South, Southeast Asia and Africa were noted, in connection with which the possibility of leasing off-dock terminals in the ports of Karachi and Gwadar by Uzbek companies was studied.
The parties separately analyzed the prospects for cooperation in the field of agriculture, referring to the supply of a number of types of Uzbek agricultural products, the organization of exports and the establishment of joint production of raw sugar, dairy products, the organization of joint rice farms and goat farms.
The Pakistani side expressed readiness to provide comprehensive assistance to the discussed initiatives, introduce uniform rules for phytosanitary control, intensify technical and advisory support to the process of Uzbekistan's accession to the World Trade Organization, as well as continue joint work within the framework of regional transport and logistics projects with measures to involve interested countries of the region in their implementation.
During the visit, the Deputy Prime Minister also met with a delegation of business circles of Pakistan consisting of the heads of companies TCS Logistics, Nishat Group, Ejaz Group, Fatima Group, All Pakistan Textile Mills Association, Getz Pharma, Najeeb Fibers, Wah Nobel Group, AKD Group, Jazz, Alam Match, CCI Sarhad and others. During these meetings, the investment climate of Uzbekistan, the conditions created for foreign investors and specific investment cases were presented.
Following the results of the dialogue, the Uzbek side expressed readiness to provide comprehensive support in the implementation of joint investment projects and initiatives, the press service of the MIFT reports.
