Pakistan(National Times)- ISLAMABAD: In an effort to strengthen bilateral ties with Pakistan, the Uzbekistan government is mulling to introduce a new direct flight route between its country and Karachi this year, Ambassador Alisher Tukhtaev announced on Sunday. During his official visit to Karachi from January 2-4, Ambassador Tukhtaev addressed the Trade Development Authority of Pakistan (TDAP), Karachi Chamber of Commerce and Industry (KCCI), and members of the business community in the metropolis. He highlighted the historic and brotherly relations between Uzbekistan and Pakistan, underpinned by shared cultural and religious affinities. “Our two nations are closer than ever, thanks to the realisation of the long-awaited vision of regional connectivity,\u201d the ambassador said, emphasising the ongoing efforts to enhance economic cooperation and strategic collaboration. Ambassador Tukhtaev shared that Uzbekistan implemented a soft visa regime for Pakistani citizens in September 2023, facilitating business and tourist travel. This initiative, coupled with the recently launched direct flights between Tashkent and Lahore, underscores Uzbekistan\u2019s commitment to fostering people-to-people connections and promoting mutual understanding. Highlighting the trade potential, the ambassador noted that mutual trade between Uzbekistan and Pakistan has tripled over the past five years, rising from $122 million in 2019 to $387 million in 2023. He stressed the untapped opportunities for further collaboration, particularly in sectors such as textiles, pharmaceuticals, leather and tannery, food processing, and agribusiness. The ambassador also commended the success of the “Made in Pakistan” single-country exhibition held in Tashkent last June, which provided an invaluable platform for entrepreneurs from both nations to forge new trade and investment agreements. Building on this momentum, he announced plans for a “Made in Uzbekistan” industrial exhibition in Karachi later this year, expressing confidence that it would further strengthen economic ties. The ambassador extended an invitation to a delegation from the KCCI to visit Uzbekistan and explore investment opportunities in regions such as Bukhara, Sirdarya, Surkhondarya, and Kashkadarya. He assured full support from the Uzbek Embassy in facilitating government-to-business (G2B) and business-to-business (B2B) meetings during such visits. “Uzbekistan offers a safe, conducive, and liberal environment for investment,” he stated, urging Pakistani businesses to capitalise on opportunities in various sectors where Sindh excels. He also welcomed the idea of organising B2B meetings alongside business delegation visits to materialise trade and investment prospects.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pakistan(National Times)- ISLAMABAD: In an effort to strengthen bilateral ties with Pakistan, the Uzbekistan government is mulling to introduce a new direct flight route between its country and Karachi this year, Ambassador Alisher Tukhtaev announced on Sunday. During his official visit to Karachi from January 2-4, Ambassador Tukhtaev addressed the Trade Development Authority of Pakistan […]<\/p>\n","protected":false},"author":2,"featured_media":96426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-96425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","entry"],"yoast_head":"\n