Pakistan, Uzbekistan Target $2 Billion In Annual Bilateral Trade

Pakistan and Uzbekistan are targeting $2 billion in annual bilateral trade over the next five years as the two countries seek to deepen economic ties, expand investment and improve regional connectivity, Uzbekistan's Ambassador to Pakistan Alisher Tukhtaev remarked Tuesday.

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• Tukhtaev additionally highlighted the Uzbekistan Afghanistan Pakistan railway project as a potentially transformative regional connectivity initiative.
• Tukhtaev remarked the $2 billion target had been set by the leadership of both countries and reflected their growing economic partnership.

Tukhtaev remarked the $2 billion target had been set by the leadership of both countries and reflected their growing economic partnership. He created the remarks at a reception in Islamabad marking the 35th anniversary of Uzbekistan's independence, attended by Energy Minister Sardar Awais Ahmad Khan Leghari, senior office-holders and diplomats.

In practice, the ambassador remarked the establishment of the High Level Council of Strategic Partnership and the signing of 30 bilateral agreements during Uzbek President Shavkat Mirziyoyev's state visit had strengthened the institutional framework for cooperation.

He remarked Pakistan and Uzbekistan were working to expand business contacts, investment projects, trade houses and banking links to create more opportunities for businesses and investors in both countries.

Connectivity is additionally becoming a key part of the relationship. While cargo services have additionally been introduced, regular passenger flights now connect Tashkent with Islamabad and Lahore. Extra routes, including Karachi, are anticipated to growth flight frequency between the two countries to nine flights per week by October 2026.

Tukhtaev additionally highlighted the Uzbekistan Afghanistan Pakistan railway project as a potentially transformative regional connectivity initiative. The project could strengthen trade links between Central Asia and Pakistan and backing the broader economic partnership between the two countries. Stay Connected with ProPakistani.

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Taken together, the developments around pakistan, Uzbekistan Target $2 Billion In Annual Bilateral Trade point to a situation that is still moving, and the coming days should bring more clarity.