Uzbekistan and Pakistan agree to establish joint transport and logistics company

Asia-Plus

Uzbekistan’s President Shavkat Mirziyoyev and Pakistan’s Prime Minister Shahbaz Sharif have agreed to establish a joint transport and logistics company aimed at increasing cargo turnover, including transit shipments.  According to the Uzbek president’s official website, the decision was announced yesterday during the leaders’ meeting in Tashkent.  

The initiative reportedly stems from the growing volume of freight transport along the multimodal corridor linking Uzbekistan, Afghanistan, and Pakistan.  Over the past few years, cargo traffic along this route has increased fivefold.  The two sides also emphasized the importance of coordinated efforts to advance the Trans-Afghan Railway project.

Mirziyoyev and Sharif discussed various aspects of strengthening the strategic partnership between their countries.  Official data shows that bilateral trade surpassed US$400 million last year, while the number of joint enterprises rose to 130.  Trade houses have opened in Tashkent and Karachi, and direct flights between the Uzbek capital and Lahore have resumed.

However, both leaders see untapped potential in economic cooperation.  They approved a roadmap aimed at boosting trade turnover to US$2 billion.  Key priorities include expanding the range of goods under the Preferential Trade Agreement, simplifying phytosanitary and quarantine requirements, streamlining customs procedures, integrating e-commerce platforms, and improving interbank payment mechanisms.

Plans were also discussed for joint projects in pharmaceuticals, electrical engineering, agriculture, agricultural machinery, geology and mineral resources, and the textile industry. In addition, the two sides agreed to enhance cultural and humanitarian cooperation by organizing reciprocal cultural weeks and tourism promotion events.

The Uzbek president’s official website says that following the talks, Mirziyoyev Sharif signed a Joint Declaration and Protocol on the establishment of a bilateral Strategic Partnership Council at the highest level, aimed at further developing and strengthening Uzbek-Pakistani relations of multifaceted cooperation.

The following documents signed during the visit were exchanged in the presence of the two leaders:

– Agreement on cooperation in the field of science, technology and innovations;

– Agreement on visa-free travels of holders of diplomatic passports;

– Agreement on cooperation between the Ministries of Interior;

– Agreement on cooperation in the field of vocational education;

– Agreement on cooperation in the field of youth policy;

– Agreement on cooperation between national information agencies;

– Cooperation agreements and arrangements between diplomatic academies, the cities of Tashkent and Lahore, and other documents.

Article translations:

Related Articles

spot_imgspot_img

Most Read

Join us on social media!

Реклама на asia +spot_imgspot_img

Recent Articles

Эмомалӣ Раҳмон ба Суғд меравад. Кадом роҳҳои мошингарди вилоят се рӯз баста мешаванд?

Эмомалӣ Раҳмон, раисҷумҳури Тоҷикистон бо як сафари кории серӯза - 29-30-31-уми март ба вилояти Суғд меравад. Дар ин бора як манбаъ аз шуъбаи Бозрасии давлатии...

Navruz, Wrestling, and Cars: How the Pahlavon from Rogun Conquered the Gushtingiri Tournament in Dushanbe

Subkhiddin Khalilzoda won the final of the gushingiri in Dushanbe and became the hero of the spring holiday.

Navrouz greetings

Dear readers and subscribers! Asia-Plus News Agency congratulates you...

Eid al-Fitr greetings

Dear readers and subscribers, Eid Mubarak! May this blessed...

Russian ruble weakens against the Tajik national currency and major global currencies

In recent weeks, the Russian ruble has experienced a...

Over 2,500 participants expected at Water Conference in Dushanbe

The Fourth High-Level International Conference on the International Decade...

BARQ becomes new IT Park Dushanbe resident, launches power bank rental service

A common problem for many city dwellers: a dead...

Some bazaars and shopping centers in Dushanbe to close for up to four days during Navrouz celebrations

During the Navrouz holiday celebrations, some bazaars and shopping...

Eurasian Development Bank Predicts 8.1% Economic Growth for Tajikistan in 2026

Analysts from the Eurasian Development Bank (EDB) forecast a...

Iran’s intelligence minister killed in air strike

Iranian President Masoud Pezeshkian confirmed the death of intelligence...