Issues of Uzbek-Pakistani cooperation in the fields of investment, trade and transport discussed

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan and Pakistan continue active interaction in the investment, trade, economic and transport and logistics spheres: during negotiations between the Deputy Prime Minister - Minister of Investment and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov with the adviser to the Prime Minister The Islamic Republic of Pakistan on the issues of commerce and investment by Abdul Razzak Davud, held in the format of a video conference, discussed topical issues of cooperation in these areas, the current state of implementation of bilateral agreements, as well as the preparation for the planned events at the highest level.

During the dialogue, special attention was paid to the implementation of the project for the construction of the Trans-Afghan railway along the route "Mazar-i-Sharif - Kabul - Peshawar". The interest of a number of international financial institutions and foreign partners to participate in this project by providing assistance in conducting field expeditions and developing project documentation was emphasized. Further steps were outlined for bilateral cooperation within the framework of the implementation of the approved "Roadmap" for the implementation of the project.

The issues of enhancing mutual trade were considered - the parties agreed to accelerate the negotiation of the Agreement on Preferential Trade and the Agreement on Trade and Transit, envisaging the introduction of simplified mechanisms of customs, transport and other administrative procedures in the implementation of foreign trade and logistics operations, with the aim of signing them in July this year.

The importance and prospects of working out new areas of partnership for the implementation of mutually beneficial joint projects were noted. To this end, the parties agreed to hold meetings of the Uzbek-Pakistani Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation, as well as a Business Forum with the participation of leading business circles of both countries in July this year in Tashkent.

As a result of the talks, agreements were reached on key issues on the agenda and directions for joint work in the near future were outlined.