Mr. Abdul Razak Dawood, Advisor to Prime Minister on Commerce and Investment meeting with Sardor Umarzakov, Deputy Prime Minister of Uzbekistan at Islamabad on September 10, 2020.

Islamabad, 10th Sep 2020:- A delegation of Uzbekistan headed by Deputy Prime Minister for Investment & Foreign Trade H.E, Mr. Sardor Umurzakov arrived in Pakistan earlier today. The visiting delegation was received by Mr. Abdul Razzak Dawood, Advisor to the Prime Minister on Commerce and Investment along with Seniors Officials of Ministries of Commerce and Foreign Affairs.

Islamabad, 10th Sep 2020:- A delegation of Uzbekistan headed by Deputy Prime Minister for Investment & Foreign Trade H.E, Mr. Sardor Umurzakov arrived in Pakistan earlier today. The visiting delegation was received by Mr. Abdul Razzak Dawood, Advisor to the Prime Minister on Commerce and Investment along with Seniors Officials of Ministries of Commerce and Foreign Affairs.

The nine member delegation comprising of First Deputy Foreign Affairs and Deputy Ministers of Investment & Foreign Trade, Transport, and Senior Officials of Ministry of Investments & Foreign Trade called on the Prime Minister and Chief of Army Staff. The delegation also held meetings with the Ministers for Industries & Production and Maritime Affairs to actualize existing investment opportunities in the fields of textile, agriculture, pharma and tourism. Both sides endeavor to work towards improved connectivity through land borders and shipping. Uzbekistan is particularly interested in using sea ports of Pakistan for shipment of imports and exports.

Pakistan and Uzbekistan also signed a Memorandum of Understanding (MoU) for establishment of Joint Working Group on Trade and & Economic Affairs to work together for trade enhancement, promoting intergovernmental projects in different sectors and to enhance connectivity. In the discussions held with the Mr. Abdul Razzak Dawood, Advisor to the Prime Minister on Commerce and Investment both sides agreed to start negotiations for a bilateral Early Harvest Plan, proceeding to Preferential Trade Agreement to provide increased market access to each other’s products. It was also agreed to have Mutual Recognition Agreements (MRAs) for harmonization of standards and sanitary and phytosanitary measures. It was also agreed to arrange a business forum for the private sector of both countries.

In discussions held at various levels Pakistan and Uzbekistan resolved to optimally utilize trade & investment opportunities and work expeditiously to achieve our shared goal of strengthening political and commercial ties.