Pakistan and Uzbekistan have agreed to finalize the Preferential Trade Agreement (PTA) to increase bilateral trade in the first week of March.
Adviser to the PM on Commerce and Investment Abdul Razak Dawood said this while talking to the media persons along with Uzbek Deputy Prime Minister and Minister of Investments and Foreign Trade Sardor Umurzakov after having a meeting with Pakistan’s top chief executive officers (CEOs) from different sectors on Tuesday.
Dawood said that the PTA is expected to be finalized on March 4. He said the signing of the agreement will take place during the Uzbek President’s visit to Pakistan on March 3-4 to facilitate bilateral trade and transit trade to boost trade ties between Pakistan and Uzbekistan, and to enhance the connectivity with Afghanistan.
He said that they discussed how exports from the textile, food, information technology (IT), and pharmaceuticals sectors can be increased to the Central Asian state and how these sectors can establish working relationships with Uzbekistan and the other Central Asian States.
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