ISLAMABAD – Uzbekistan Deputy Prime Minister Sardor Umarzakov has expressedhis country’s desire to utilise Karachi and Gwadar ports.
According to a statement issued by the Ministry of Commerce on Saturday,Adviser to Prime Minister on Commerce Abdul Razak Dawood and UzbekistanDeputy PM Umurzakov recently held a video conference wherein both sidesagreed on a Memorandum of Understanding (MoU) to establish a ‘Joint WorkingGroup on Trade and Investment’.
Uzbek Ambassador to Pakistan Furqat Sidikov was also present on theoccasion.
The agreement would be ready for signatures following necessary approvalfrom the federal cabinet, the statement read.
During the meeting, both the sides expressed the desire to enhancebilateral trade relations by signing joint ventures in the fields ofagriculture (fruits and vegetable), textile, pharma, tourism andconstruction.
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The countries also agreed on greater utilization of institutions like‘inter-governmental commission’ and ‘joint business council’ for givingimpetus to government-to-government and business-to-business cooperation.
The deputy PM also requested Pakistan to support its cause in accession toQuadrilateral Traffic in Transit Agreement (QTTA), and share its experiencewith regard to achieving GSP Plus status.
