Pakistan is going to sign trade agreements with Uzbekistan in July to explore over $90 billion exports potential in Central Asia for achieving its unprecedented exports target of $35 billion set for the fiscal year 2021-22, reported Business Recorder.
For the purpose of Central Asia connectivity, Prime Minister Imran Khan is leaving for Uzbekistan on July 13.
During his three-day visit (July 13 to 15), Pakistan and Uzbekistan will sign Transit and Preferential Trade Agreements said the prime minister’s Commerce Adviser Abdul Razak Dawood in an exclusive talk with the members of Karachi based Council of Economic and Energy Journalists (CEEJ) in Islamabad.
“Both countries have agreed to allocate dedicated space in Gwadar and Tashkent for establishing warehousing facilities to help each other in the transportation of goods to other regional countries,” he said. We have planned to transport goods under the TIR Convention because the first-ever truck from Uzbekistan reached Pakistan under the TIR Convention in 48 hours, he said.
“The government is contemplating offering loans to the transporters to update the country’s dilapidated logistics network,” he said.
