Uzbekistan, Pakistan discuss preparations for signing a preferential trade agreement

Deputy Prime Minister – Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov and Advisor to the Prime Minister of the Islamic Republic of Pakistan Abdul Razak Dawood discussed via video conferencing the implementation of the agreements reached following the visit of the Prime Minister of Pakistan to Uzbekistan in July this year.

The parties voiced mutual readiness to continue joint work and implement the planned measures to deepen trade, economic, industrial, investment, transport and logistics cooperation, the press service of the MIFT reported.

Issues of interaction in preparation for signing an agreement on preferential trade were discussed. The sides agreed to intensify bilateral negotiations in order to speed up the coordination of existing issues. Also, in the near future, a "road map" will be agreed upon for the practical implementation of the trade and transit agreement signed in July this year, indicating specific mechanisms and responsible persons on both sides.

Touching upon the topic of transport and logistics cooperation, the parties voiced their readiness to take effective measures to ensure stable transit traffic. The issues of deepening collaboration in the banking and financial sphere were also considered.

Following the meeting, the parties agreed to expeditiously complete the coordination of an action plan for the high-quality and timely implementation of all agreements reached in the course of bilateral events with the Pakistani side in July this year in Tashkent.