ISLAMABAD: The Commerce Ministers of Pakistan and Afghanistan and the Deputy Prime Minister of Uzbekistan on Tuesday jointly presided over the inaugural trilateral meeting, with the primary objective of strengthening economic ties, regional cooperation and connectivity.
The meeting focused on amplifying trade relations among three nations, said a press statement issued by the Commerce Ministry adding, that discussions centred around diminishing trade barriers, simplifying customs procedures, and promoting smoother cross-border trade.
The ministers explored investment opportunities in various sectors which would unlock possibilities for collaborative ventures, public-private partnerships, and increased foreign direct investment.
Recognizing the pivotal role of regional connectivity, they discussed ways to enhance transportation networks and promote infrastructure development to facilitate the movement of goods.
“The trilateral cooperation is expected to stimulate economic growth in all three countries. By leveraging their strengths and resources, Pakistan, Afghanistan, and Uzbekistan can tap into new markets and expand their economies.” said Dr. Gohar Ejaz, the Pakistan Commerce Minister.
“By promoting economic interdependence and cooperation, we can build a foundation for sustainable development and prosperity in the region,” he further added.
He stated that the trilateral meeting signifies a crucial step towards intensified economic cooperation, paving the way for enhanced trade, investment, and connectivity. This collaborative effort holds the potential to benefit all three countries, contributing to the establishment of a prosperous and integrated region. —APP