‘Uzbekistan desires utilisation of Karachi, Gwadar ports’

Uzbekistan Deputy Prime Minister Sardor Umarzakov has expressed his country’s desire to utilise Karachi and Gwadar ports.

According to a statement issued by the Ministry of Commerce on Saturday, Adviser to Prime Minister on Commerce Abdul Razak Dawood and Uzbekistan Deputy PM Umurzakov recently held a video conference wherein both sides agreed on a Memorandum of Understanding (MoU) to establish a ‘Joint Working Group on Trade and Investment’.

Uzbek Ambassador to Pakistan Furqat Sidikov was also present on the occasion.

The agreement would be ready for signatures following necessary approval from the federal cabinet, the statement read.

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During the meeting, both the sides expressed the desire to enhance bilateral trade relations by signing joint ventures in the fields of agriculture (fruits and vegetable), textile, pharma, tourism and construction.

The countries also agreed on greater utilization of institutions like ‘inter-governmental commission’ and ‘joint business council’ for giving impetus to government-to-government and business-to-business cooperation.

The deputy PM also requested Pakistan to support its cause in accession to Quadrilateral Traffic in Transit Agreement (QTTA), and share its experience with regard to achieving GSP Plus status.

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  1. No doubt if the Federal Government, Federal Minister of Port & Shipping if really works then it could not only create jobs in transportation but also earn foreign exchange while anchoring ships at Port.

    But sorry to write here that present Federal Minister of Port & Shipping Mr. Ali Zaidi knows nothing about it and he could a maximum a senator at TV CHANNELS and sooner or later PM KHAN has to bring the person who knows about it.

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