Uzbekistan for strong economic ties

Published May 29, 2019
Last year trade between two countries increased three times but we are capable of increasing it ten times, noted Ganiev. — DawnNewsTV/File
Last year trade between two countries increased three times but we are capable of increasing it ten times, noted Ganiev. — DawnNewsTV/File

ISLAMABAD: Uzbekistan wants to establish long-term bilateral cooperation with Pakistan in the fields of agriculture and livestock, Uzbek Deputy Prime Minister Elyor Ganiev said on Tuesday.

Mr Ganiev was leading a seven-member Uzbek delegation which met with Minister for National Food Security and Research Mehboob Sultan to discuss future collaboration in the agriculture sector between the two countries.

Last year, trade between the two countries increased three times but we are capable of increasing it ten times, noted Mr Ganiev. He further said that there is a great need for developing a transport corridor between the two countries as haulage is expensive despite a distance of only 700 kilometres.

On the occasion, Pakistan and Uzbekistan agreed to promote bilateral trade in the livestock sector and exchange of elite germ-plasm or genetic resources of cotton, wheat and rice with a view to develop high-yielding hybrids and varieties resistant to emerging stresses.

A draft memorandum of understanding has been prepared for signing by the two countries during the Pak-Uzbek Joint Inter-Governmental Commission meeting taking scheduled to take place in Tashkent later this year.

According to the draft agreement, the two countries would provide market access to each other’s livestock products. Pakistan and Uzbekistan would also work together for suitable agricultural technologies for adaptation to climate change.

Mr Sultan said that the draft agreement is important to institutionalise bilateral cooperation in the field of agriculture. Pakistan, he said, firmly believes in direct trade between the two countries for the benefit of both economies. He added that in agricultural machineries, biological pest management both countries could enter into joint ventures.

Published in Dawn, May 29th, 2019

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Confused state
Updated 05 Jan, 2025

Confused state

WHEN it comes to combatting violent terrorism, the state’s efforts seem to be suffering from a lack of focus. The...
Born into hunger
05 Jan, 2025

Born into hunger

OVER 18.2 million children — 35 every minute — were born into hunger in 2024, with Pakistan accounting for 1.4m...
Tourism triumph
05 Jan, 2025

Tourism triumph

THE inclusion of Gilgit-Baltistan in CNN’s list of top 25 destinations to visit in 2025 is a proud moment for...
Falling temperatures
Updated 04 Jan, 2025

Falling temperatures

Vitally important for stakeholders to acknowledge, understand politicians can still challenge opposing parties’ narratives without also being in a constant state of war with each other.
Agriculture census
04 Jan, 2025

Agriculture census

ACCURATE information relating to agricultural activities is vital for data-driven future planning, policymaking, as...
Biometrics for kids
04 Jan, 2025

Biometrics for kids

ALTHOUGH the move has caused a panic among weary parents mortified at the thought of carting their children to Nadra...