Uzbekistan has shown interest in exporting sugar and cotton to Pakistan, in addition to further cementing relations in the fields of science, technology, telecommunication, trade and water sector. These offers were made by the visiting Uzbekistan President Islam Karimove at a meeting with Minister for Water and Power Liaquat Ali Jatoi.
Jatoi, who is also co-chairman of Joint Ministerial Commission (JMC) of the two countries, welcoming the Uzbek President said that Pakistan's economy has made significant progress over the past few years. He told the Uzbek President about Pakistan's massive upsurge in economic activity not witnessed here before in many decades.
He said that confidence of domestic as well foreign investors was gaining new heights on the back of a stable macroeconomic environment.
The Uzbek President appreciated the dynamic leadership and economic vision of President Pervez Musharraf, which has resulted in achieving phenomenal economic growth.
He also emphasised for restoration of peace in the region, particularly in Afghanistan, that could facilitate the trade between the two countries. He emphasised the need for joint ventures in various fields to boost trade and economic relations between the two countries.
Both sides appreciated the need to organise mutual visits of business delegations, co-operation between the chambers of commerce and industry, co-operation in the fields of food and agriculture, tourism, culture, information technology and telecommunication. With a view to creating favourable conditions for bilateral trade, both sides recognised the need to develop co-operation between banking and financial institutions of the two states.
Jatoi stressed the need for direct air links between Tashkent-Karachi-Islamabad to facilitate business activities and tourism between the two countries.
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