Pakistan, Uzbekistan vow early finalisation of Strategic Partnership Agreement

  • PM Kakar meets President Shavkat Mirziyoyev on sidelines of 16th Summit of ECO
  • Says recent operationalization of PTA, UPTTA to boost bilateral trade, streamline ECOTA

TASHKENT: Pakistan and Uzbekistan on Wednesday reiterated the resolve to finalize the Strategic Partnership Agreement at the earliest to promote regional economic integration.

The bilateral ties were discussed in a bilateral meeting between Caretaker Prime Minister Anwaarul Haq Kakar and President of Uzbekistan Shavkat Mirziyoyev, on the sidelines of the 16th Summit of the Economic Cooperation Organization (ECO) being held here.

Both sides reaffirmed their commitment to play an active role for the regional connectivity.

The leaders exchanged views on deepening bilateral cooperation in a range of areas including political, trade, economic, security, defence, and connectivity.

Expressing satisfaction at the growing level of bilateral cooperation, Prime Minister Kakar stressed the importance of sustaining the momentum.

He underlined that the recent operationalization of Preferential Trade Agreement (PTA) and Transit Trade Agreement (UPTTA) would boost bilateral trade and transit trade in addition to streamlining Economic Cooperation Organization Trade Agreement (ECOTA).

They reaffirmed commitment to the early completion of Uzbekistan-Afghanistan-Pakistan railway project.

Prime Minister Kakar and President Mirziyoyev discussed on the ongoing humanitarian situation in Gaza and other regional and global developments.

PM’s Meeting with ECO Secretary General

Earlier, Caretaker Prime Minister Anwaarul Haq Kakar held a meeting with the Secretary General ECO Ambassador Khusrav Noziri, on the sidelines of the 16th ECO Summit in Tashkent, Uzbekistan.

They reviewed the recent developments in the Organization especially in the domain of trade, connectivity and economic cooperation.

The situation in Indian Occupied Jammu & Kashmir and Middle East also came under discussion.

The Secretary General ECO thanked Prime Minister for Pakistan’s firm support to the ECO and assured him of the commitment of the Secretariat to strengthen trade and connectivity in the region.

Earlier, Caretaker Prime Minister Anwaarul Haq Kakar arrived in Tashkent on Wednesday on a two-day visit to attend the 16th Economic Cooperation Organization (ECO) Summit.

Prime Minister of Uzbekistan Abdulla Nigmatovich Aripov warmly welcomed PM Kakar as he arrived at the Tashkent airport along with his delegation comprising Foreign Minister Jalil Abbas Jilani and Commerce Minister Gohar Ejaz.

At the summit, the prime minister will reaffirm Pakistan’s commitment to ECO Vision 2025 and the promotion of regional cooperation in the areas of trade, transport, connectivity, energy, tourism and economic growth and productivity.

On the sidelines of the summit, he will also engage in bilateral discussions with the leadership of Uzbekistan and other participating leaders.

ECO Vision 2025

Earlier, Foreign Minister Jalil Abbas Jilani stressed Pakistan’s determination to achieve the ECO Vision 2025 as a member state to promote intra-regional trade.

In a statement at the 27th ECO Council of Ministers meeting held at Shusha, Azerbaijan, he said that ECO intra-regional trade was less than eight percent of the region’s aggregate trade and was in stark contrast to other regional groupings such as the European Union, where intra-regional trade stood above 70 percent.

He recalled the ‘ECO Vision 2025’ adopted during the 13th ECO Summit in Islamabad, which aptly provided them with a roadmap.

 

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