Uzbekistan invites Pakistan to investment in energy, textile sectors

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ISLAMABAD: Uzbekistan Ambassador Oybek Arif Usmanov has offered the business community in Pakistan to invest in his country particularly in textiles, energy, pharmaceutical and leather to enhance bilateral trade between the two countries.

In a meeting with President of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Haji Ghulam Ali, he said his country offered vast opportunities and liberal incentive packages for investment.

On behalf of Uzbekistan’s government, he invited a business delegation to visit Uzbekistan to utilize real trade and investment potential existing between both countries.

Pakistan delegation will meet the Uzbek prime minister, ministers, high government officials and business community members.

Senator Ghulam Ali thanked Uzbekistan for taking interest in promoting bilateral trade to enhance economic cooperation.

He said the FPCCI in cooperation with Trade Development Authority of Pakistan (TDAP) will constitute a delegation to visit Uzbekistan next month, which will further strengthen Pak-Uzbek ties, significantly enhancing trade volume, finalize joint ventures for investment and sign an MOU to promote trade and investment in both countries.