TASHKENT, Uzbekistan, June 27. Preliminary
agreements have been reached between entrepreneurs from Uzbekistan
and Pakistan to strengthen bilateral cooperation, establish joint
ventures, and expand export-import operations, Trend reports.
The agreements were made during a business forum held at the
“Made in Uzbekistan” Trade House in Karachi, one of Pakistan鈥檚
largest economic hubs.
The event was organized by the Chamber of Commerce and Industry
of Uzbekistan, in partnership with the Embassy of Uzbekistan in
Pakistan and the Karachi Chamber of Commerce and Industry.
More than 30 Uzbek companies participated in the forum,
presenting their products, services, and investment proposals. The
event attracted strong interest from Pakistani business
representatives across a wide range of sectors.
As part of the program, participants were introduced to
Uzbekistan鈥檚 economic potential, including its favorable investment
climate, export capacity, and logistics advantages. A dedicated
presentation highlighted the country鈥檚 ongoing economic reforms and
the attractive conditions being created for foreign investors,
generating considerable interest among attendees.
The forum also featured B2B meetings, where Uzbek and Pakistani
companies explored new cooperation opportunities in sectors such as
textiles, leather and footwear, medical equipment, and
construction.
The event marked a significant step forward in enhancing trade
and economic relations between the two countries, with both sides
expressing strong interest in building long-term, mutually
beneficial partnerships.
Meanwhile, Uzbekistan鈥檚 trade turnover with Pakistan reached
$152.7 million from January through April 2024, reflecting growing
bilateral economic engagement.