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    EIGHTEEN Inaugurates New Sales Center for investment guidance

    EIGHTEEN Inaugurates New Sales Center for investment guidance

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    LCCI hails federal budget as business-friendly and growth-focused

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    Improved regional stability after US-Iran understanding could boost investment and trade: Aurangzeb

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    Punjab unveils Rs5.9 trillion budget for FY2026-27 with focus on development, education and healthcare

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    Pakistan resolves Chinese investors’ concerns, paving way for deeper capital market ties: SECP chief

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    Pakistan’s Remittances Reach Record $4.3 Billion in May, Setting New Monthly High

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    Dollar Holds Near Recent Levels as Middle East Tensions and Inflation Cloud Outlook

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    Pakistan invites bids for two LNG cargoes for May delivery

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    EIGHTEEN Inaugurates New Sales Center for investment guidance

    EIGHTEEN Inaugurates New Sales Center for investment guidance

    LCCI hails federal budget as business-friendly and growth-focused

    LCCI hails federal budget as business-friendly and growth-focused

    Improved regional stability after US-Iran understanding could boost investment and trade: Aurangzeb

    Improved regional stability after US-Iran understanding could boost investment and trade: Aurangzeb

    Punjab unveils Rs5.9 trillion budget for FY2026-27 with focus on development, education and healthcare

    Punjab unveils Rs5.9 trillion budget for FY2026-27 with focus on development, education and healthcare

    Pakistan resolves Chinese investors’ concerns, paving way for deeper capital market ties: SECP chief

    Pakistan resolves Chinese investors’ concerns, paving way for deeper capital market ties: SECP chief

    Pakistan’s Remittances Reach Record $4.3 Billion in May, Setting New Monthly High

    Pakistan’s Remittances Reach Record $4.3 Billion in May, Setting New Monthly High

    Gold Slides to Six-Month Low as Inflation Fears and Geopolitical Tensions Pressure Market

    Gold Slides to Six-Month Low as Inflation Fears and Geopolitical Tensions Pressure Market

    Dollar Holds Near Recent Levels as Middle East Tensions and Inflation Cloud Outlook

    Dollar Holds Near Recent Levels as Middle East Tensions and Inflation Cloud Outlook

    Oil Surges as US-Iran Conflict Deepens and Hormuz Closure Threatens Supply

    Oil Surges as US-Iran Conflict Deepens and Hormuz Closure Threatens Supply

  • Business & Finance
    EIGHTEEN Inaugurates New Sales Center for investment guidance

    EIGHTEEN Inaugurates New Sales Center for investment guidance

    LCCI hails federal budget as business-friendly and growth-focused

    LCCI hails federal budget as business-friendly and growth-focused

    Improved regional stability after US-Iran understanding could boost investment and trade: Aurangzeb

    Improved regional stability after US-Iran understanding could boost investment and trade: Aurangzeb

    Punjab unveils Rs5.9 trillion budget for FY2026-27 with focus on development, education and healthcare

    Punjab unveils Rs5.9 trillion budget for FY2026-27 with focus on development, education and healthcare

    Pakistan resolves Chinese investors’ concerns, paving way for deeper capital market ties: SECP chief

    Pakistan resolves Chinese investors’ concerns, paving way for deeper capital market ties: SECP chief

    Pakistan’s Remittances Reach Record $4.3 Billion in May, Setting New Monthly High

    Pakistan’s Remittances Reach Record $4.3 Billion in May, Setting New Monthly High

    Gold Slides to Six-Month Low as Inflation Fears and Geopolitical Tensions Pressure Market

    Gold Slides to Six-Month Low as Inflation Fears and Geopolitical Tensions Pressure Market

    Dollar Holds Near Recent Levels as Middle East Tensions and Inflation Cloud Outlook

    Dollar Holds Near Recent Levels as Middle East Tensions and Inflation Cloud Outlook

    Oil Surges as US-Iran Conflict Deepens and Hormuz Closure Threatens Supply

    Oil Surges as US-Iran Conflict Deepens and Hormuz Closure Threatens Supply

  • Fintech
  • Opinion
    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    The Transit Potential of the Turkic World: Integrating Economies and New Logistical Solutions

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
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    Embassy of Romania Inaugurates “Romanian Shelf” at the National Library of Pakistan

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    Poland Envoy Praises Pakistan’s Role in Regional Peace and Diplomacy at National Press Club Islamabad

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    Ishaq Dar calls Pakistan-China friendship as “time-tested and strengthened by trust” at launch of Digital Economic Centre

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    Pakistan-China B2B Summit Seals Over 50 MoUs, Battery Storage Sector Leads with $82 Million Deal

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    Polish National Day Celebrated in Islamabad with Strong Focus on Bilateral Ties and Global Peace

    Stocks swing, oil edges up with US-Iran peace talks stalled

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    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    Tashkent Flights, Strengthening Uzbekistan–Pakistan Connectivity

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

    IFC to Advise Pakistan on Nationwide Rollout of 10 Million Smart Meters

  • Pakistan
    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

    Economic Survey 2025-26 to Highlight Fiscal Performance Ahead of FY27 Budget

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    Pakistan Reopens Offshore Oil, Gas Exploration After Nearly 20 Years

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    Pakistan Losing Rs350bn Annually to Illegal Cigarette Trade, PMI Tells Commerce Minister

    US returns over 450 antiquities worth $23 million to Pakistan

    US returns over 450 antiquities worth $23 million to Pakistan

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    The Nippon Foundation Donates Books to Allama Iqbal Open University;Japan Pakistan Advancement Center (JPAC) Inaugurated

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    AI Boom Among Pakistani children Prompting Calls for Better Cyber Safety: Kaspersky

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    TİKA-Led Turkish Delegation Visits Pakistan to Strengthen Cooperation on Flood Management and Climate Resilience

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Adnan Arif appointed to FPCCI Central Standing Committee on Media Broadcasting

    Pakistan invites bids for two LNG cargoes for May delivery

    Pakistan invites bids for two LNG cargoes for May delivery

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Pakistan, Uzbekistan agree to deepen trade and investment ties

News Desk by News Desk
February 3, 2026
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ISLAMABAD: Pakistan and Uzbekistan on Tuesday pledged to strengthen cooperation in trade, investment, connectivity, mining, and food security, aiming to translate growing political goodwill into concrete economic outcomes.

Federal Minister for Commerce Jam Kamal Khan held a comprehensive meeting in Islamabad with Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov, to assess progress in bilateral economic relations and outline practical steps to enhance trade, business links, and sectoral collaboration, according to a statement from the Ministry of Commerce.

During the talks, Khan highlighted that Pakistan–Uzbekistan engagement has expanded significantly over the past two years through frequent high-level interactions. He emphasized that the focus must now shift toward addressing logistical gaps, strengthening business-to-business links, and ensuring effective implementation of agreed initiatives. He also reiterated Pakistan’s full support for Uzbekistan’s trade development efforts.

Kudratov informed the Pakistani side that preparations were underway for an upcoming high-level visit from Uzbekistan, which he described as a key milestone in deepening bilateral relations. He noted that bilateral trade had grown by about 10 percent last year, with Pakistan’s exports to Uzbekistan rising by 12 percent and Uzbek exports to Pakistan increasing by 8 percent. He called for more balanced and expanded trade, setting a target of $2 billion through greater industrial cooperation and new sectoral partnerships.

Both sides reviewed progress on trade facilitation, including negotiations on a preferential trade framework that would expand the list of covered products from 34 to 92. Uzbekistan also expressed interest in broadening cooperation into services and investment-driven partnerships. The Uzbek minister revealed that 228 Pakistani firms are currently operating in Uzbekistan, with 80 new companies registering there in the past year.

Discussions also focused on collaboration in key sectors such as food security, mining, textiles, leather, pharmaceuticals, and value-added manufacturing. Uzbekistan expressed interest in investing in Pakistan, particularly in food security, meat production, rice cultivation, and mining projects.

The two sides welcomed the resumption and expansion of direct flights between the countries, with services now operating from Islamabad and Lahore and plans to add Karachi, potentially reaching six weekly flights to boost trade and tourism. On regional connectivity, both sides acknowledged challenges caused by disrupted transit routes and discussed alternative corridors. They explored the role of Pakistan’s National Logistics Corporation in facilitating trade via the northern route through Kashgar, China, despite higher costs and longer transit times.

A key proposal from the meeting was the establishment of a multi-country “green corridor” involving Pakistan, China, and Central Asian states to ease cross-border trade with clear legal and operational mechanisms. Uzbekistan also supported using Kashgar as a logistics and warehousing hub to improve cargo movement. Kudratov further highlighted Uzbekistan’s expertise in mining and geology and expressed readiness to collaborate with Pakistan on exploration, technical training, and joint projects.

The meeting concluded with both nations reaffirming their commitment to strengthening economic ties through faster implementation of agreements, continued institutional coordination, and increased private-sector engagement.

Tags: PakistanUzbekistan
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