Tashkent, Uzbekistan (UzDaily.com) -- Ways of rapprochement and establishing direct interaction between the business circles of Uzbekistan and Pakistan were discussed during the 1st meeting of the Uzbek-Pakistani Business Council, which was held in Tashkent on the eve of the visit of the Prime Minister of the Islamic Republic of Pakistan to Republic of Uzbekistan.
The event was attended by Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov, Adviser to the Prime Minister of the Islamic Republic of Pakistan Abdul Razzak Davud, heads of chambers of commerce, specialized departments and industry associations of the two countries, representatives of large companies and enterprises as well as the media.
The Business Council is intended to become a platform for building a constructive dialogue between entrepreneurs and manufacturers of the two countries, aimed at identifying priority areas of cooperation, meaning the implementation of joint projects and the conclusion of mutually beneficial trade contracts.
Speaking during the event, the heads of the delegations of the two countries noted positive trends in the development of multifaceted cooperation between Uzbekistan and Pakistan and, in particular, the high dynamics of investment and trade partnership. Significant untapped potential was noted in the field of industrial cooperation in such industries as agricultural engineering, textile, leather and footwear, pharmaceutical industries, as well as the production of building materials. The potential of each of these industries was revealed in detail during the speeches of the heads of the relevant departments and business associations. Also, specific project proposals in the above areas were presented and considered.
In conclusion, the parties called upon the entrepreneurs of the two countries to actively cooperate with the aim of reaching specific agreements and projects.