ISLAMABAD: Uzbekistan’s Deputy Prime Minister for Trade and Investment, Dr. Jamshid Khodjaev, will arrive in Pakistan on Monday (today) for a two-day visit. The visit is aimed at further strengthening bilateral trade and investment relations between the two countries.
During his trip, Dr. Khodjaev will meet senior government officials to discuss ways to expand cooperation in a range of sectors, including trade and investment. He will also lead a delegation of business leaders from Uzbekistan for meetings with their Pakistani counterparts to explore new opportunities for collaboration and investment.
Pakistan-Uzbekistan Economic Relations
Pakistan and Uzbekistan have enjoyed close economic relations for many years. The bilateral trade between the two countries has grown substantially in the last three years, from $27 million in 2019-20 to $126 million in 2022-23. However, this is much below the full potential of bilateral trade.
The visit of Dr. Khodjaev is likely to provide further impetus to bilateral trade and investment ties between Pakistan and Uzbekistan.
The two countries have a number of complementary strengths and opportunities, and there is considerable potential for increased cooperation in a range of sectors.