‘Pakistan aims for $50b trade with Central Asia’
ISLAMABAD: Federal Minister for Commerce, Industries & Production, Dr Gohar Ejaz, unveiled an ambitious trade potential of $50 billion with Central Asian countries during the independence day celebration of Uzbekistan in Islamabad. Ejaz expressed Pakistan’s commitment to enhancing trade ties with Uzbekistan, pledging to achieve $1 billion in trade between the two nations within the current year.
Over the past four years, Pakistan and Uzbekistan have made significant strides in revitalising their bilateral trade relations, witnessing trade grow from $27 million in 2019-20 to an impressive $126.05 million in 2022-23.
The minister emphasised the importance of Pakistan emulating Uzbekistan’s revolutionary agricultural development model, showcasing the potential for mutual growth.