Pakistan and Uzbekistan have agreed to significantly expand bilateral trade and economic cooperation. The two countries aim to raise trade volume to over $2 billion within the next two years. This marks a sharp increase from nearly $450 million recorded last year. The decision reflects a renewed commitment to regional connectivity, economic growth, and long-term partnership.
The agreement was reached during the 10th session of the Pakistan-Uzbekistan Intergovernmental Commission (IGC). The meeting focused on trade, industry, science, and technical cooperation. Officials from both sides described the talks as productive and future-focused.
Preferential Trade Agreement Expansion Gains Momentum
At the heart of the discussions was the expansion of the Preferential Trade Agreement (PTA). The PTA was signed in March 2022 and became operational in 2023. Currently, it covers only 17 trade items. However, both sides agreed to more than double this list.
As a result, new products will soon gain preferential market access. This move is expected to boost exports and imports on both sides. Moreover, officials welcomed progress on Phase II concessions under the PTA. These concessions aim to further reduce trade barriers.
The IGC meeting was co-chaired by Haroon Akhtar Khan, Special Assistant to the Prime Minister for Industries and Production, and Uzbekistan’s Trade Minister Laziz Kudratov. According to a joint statement, the engagement helped set a clear roadmap for future cooperation across key economic sectors.
Focus on Trade Facilitation and Regional Connectivity
Both countries emphasized the importance of trade facilitation. They agreed to improve logistics, modernize customs systems, and promote digital solutions. Additionally, they discussed enhancing transit trade and developing regional trade corridors.
Visa facilitation for business communities also remained a priority. Officials believe smoother travel will strengthen business-to-business ties. Therefore, improved mobility is expected to support faster trade growth.
In transport and communications, both sides reviewed progress on regional railway projects. They also explored launching direct air services. These steps aim to reduce travel time and costs. Furthermore, they agreed to advance alternative transport corridors to improve regional connectivity.
Cooperation in Agriculture, Education, and Climate Action
Agriculture and food security featured prominently in the talks. Both sides welcomed progress on phytosanitary protocols. These protocols now allow smoother export of Uzbek fruits to Pakistan. Going forward, officials agreed to deepen cooperation in plant protection, livestock development, and agricultural research.
In education and science, the two countries pledged to expand academic partnerships. They plan to promote joint research programs, faculty exchanges, and student mobility. Vocational and technical training will also receive greater attention. Newly signed agreements will support innovation and capacity building.
Environmental cooperation also emerged as a shared priority. Pakistan and Uzbekistan agreed to work together on climate resilience. They will focus on glacial protection, sustainable water management, and environmental governance. Gender-inclusive climate action and community-based adaptation will also guide future collaboration.
Overall, both sides expressed satisfaction with the progress since the last IGC meeting. They reaffirmed their resolve to strengthen trade, investment, and people-to-people ties. With clear targets and stronger coordination, Pakistan and Uzbekistan now aim to unlock their full economic potential together.
