• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Thursday, June 4, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Agencies

Pakistan, Uzbekistan agree to fast-track expanded PTA

Published on: December 13, 2025 2:04 AM

During his official visit to Tashkent on 11 December 2025, Mr. Ihsaan Afzal, Coordinator to the Prime Minister of Pakistan on Commerce and Industry, held in-depth talks with H.E. Mr. Shohrukh Gulamov, Deputy Minister of Investment, Industry and Trade of the Republic of Uzbekistan.

Both sides reaffirmed their firm commitment to elevate bilateral trade to US$ 2 billion within the next two years, in line with the vision of the Prime Minister of Pakistan and the President of Uzbekistan.

The meeting focused on the immediate expansion of the existing Preferential Trade Agreement (PTA). Deputy Minister Gulamov confirmed that the two countries are actively finalising a significantly broadened product list and stated that a formal understanding on the expanded PTA is expected very soon.

Mr. Ihsaan Afzal emphasised the urgent need to standardise documentation, harmonise customs procedures and inspection protocols, and establish digital connectivity to reduce delays and enhance trade predictability. He highlighted the importance of real-time cross-border data exchange. Deputy Minister Gulamov assured full support and confirmed that technical teams are working expeditiously to operationalise an Electronic Data Interchange (EDI) system between the relevant authorities of Pakistan and Uzbekistan.

The Uzbek side identified textiles, leather, pharmaceuticals, and surgical instruments as key sectors where Uzbekistan seeks joint ventures and technology transfer from Pakistan. Both delegations agreed to intensify business-to-business contacts and exchange of trade delegations to translate political will into concrete commercial results. Mr. Ihsaan Afzal expressed gratitude for the warm hospitality and reaffirmed Pakistan’s strong desire to deepen economic ties with brotherly Uzbekistan.

Filed Under: Business Tagged With: Mr. Ihsaan Afzal, Pakistan, PTA, Uzbekistan

Submit a Comment




Primary Sidebar




Latest News

FIFA bans reusable bottles at World Cup stadiums

Pakistan’s trade deficit widened by 17.5 percent

Punjab Kisan Card scheme benefits over 832,000 farmers

Hungary, Ukraine reach deal on minority rights

North Korea says nuclear material capacity has doubled

Pakistan

Punjab Kisan Card scheme benefits over 832,000 farmers

MQM-P calls for end to petroleum levy

Court allows Anmol Pinky to skip personal appearances

Global interest grows in Punjab housing programme “Apni Chhat Apna Ghar”

KP chief minister Sohail Afridi seeks court approval to meet PTI founder

More Posts from this Category

Business

Pakistan, WB discuss human capital development, tech-led service delivery

Pakistan Pushes for Tax Relief to Boost Growth

Ministry urges tax relief extension for telecom sector

Pakistan seeks Saudi investment in ports amid expanding maritime ambitions

Gold prices decline by Rs 8,600 per tola

Rupee records gain against US dollar

More Posts from this Category

World

Hungary, Ukraine reach deal on minority rights

North Korea says nuclear material capacity has doubled

Israel, Lebanon agreed to ceasefire aimed at ending months of hostilities

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.