Uzbek investors interested in investment in Balochistan, says envoy
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
The Uzbekistan ambassador to Pakistan, Ali Sher, has reaffirmed his country’s commitment to strengthening trade relations with Pakistan and stressed that Uzbek investors are keen to explore investment opportunities in Pakistan, particularly Balochistan.
He made these remarks in a meeting with a delegation of the Quetta Chamber of Commerce and Industry (QCCI), headed by Haji Muhammad Ayub Mariani, President of QCCI, and Senior Vice President Haji Akhtar Kakar in Islamabad.
The Uzbek ambassador extended an invitation to Balochistan’s business community to participate in an exhibition showcasing Uzbek products. The event is scheduled to take place in Lahore in the current month.
The QCCI leaders highlighted vast investment opportunities in Balochistan, particularly in agriculture, mining, and livestock.
They expressed interest in Uzbekistan’s collaboration in modernising Balochistan’s mining sector and urged for exchange of trade delegations to further enhance bilateral trade.
They noted that Pakistan’s current exports to Uzbekistan stand at approximately $150 million, while imports range between $300m and $350m.
Both sides stressed the need for increasing these figures to meet evolving trade demands.
Ambassador Sher also extended an invitation for a business delegation from Balochistan to visit Uzbekistan to explore investment opportunities and engage with the Uzbek business community.
The QCCI officials welcomed the invitation and confirmed their participation in the Lahore exhibition.
Additionally, they accepted the ambassador’s invitation to visit Uzbekistan after Eidul Fitr, where they will visit Samarkand, Bukhara, and Termez before meeting business leaders in Tashkent to finalise trade agreements.
Reference Link:- https://www.dawn.com/news/1889455
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
