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Pakistan, Uzbekistan Fast-Track Expanded Trade Pact With $2 Billion Target

Officials report imminent completion of a broader product list alongside progress on an Electronic Data Interchange.

Overview

  • High-level talks in Tashkent on December 11 reaffirmed a two-year goal to lift bilateral trade to $2 billion.
  • Uzbek officials said a significantly expanded PTA product list is being finalised, with a formal understanding expected soon.
  • Technical teams from both countries are working to operationalise an Electronic Data Interchange between relevant authorities.
  • Pakistan emphasized standardising documentation, harmonising customs procedures and inspection protocols, and enabling real-time cross-border data exchange.
  • Uzbekistan identified textiles, leather, pharmaceuticals, and surgical instruments as priority sectors for joint ventures and technology transfer, alongside plans to intensify business-to-business engagement.