Investors of Uzbekistan’s Namangan province announced to invest in the textile and other sectors of Punjab, Pakistan. They also assured to provide full technical assistance to Pakistan for increased cotton production. Punjab Governor Chaudhry Mohammad Sarwar and Head of APTMA Mr. Gohar Ijaz visited Uzbekistan with a business delegation. The purpose was to boost bilateral trade with Pakistan
During the visit, the Governor and delegation members visited the Uzbekistan Business Forum and met with delegations of experts working in textile, health, agriculture, and trade. During the interaction, matters regarding enhanced cooperation and trade between the two countries came under discussion. Chaudhry Sarwar also called on Governor of Namangan-Shavkat Abdurrazakov at his Secretariat and invited him to visit Pakistan.
Sarwar said that Uzbek investors would be provided with all-out facilities under one window, and their security will also be ensured. The Punjab government is also establishing new Special Economic Zones in Punjab’s various cities for domestic and foreign investors.
The increase in bilateral trade could benefit Pakistan’s backbone industry, creating job opportunities across Punjab.
