By our Staff Reporter
Islamabad: Deputy Minister of Foreign Affairs of Kyrgyzstan, Aibek Artykbaev on Friday called on Federal Minister for Commerce & Investment, Syed Naveed Qamar.
The meeting which was held in the Minister’s Office was attended by Special Secretary Commerce Dr. Ahmed Mujtaba Memon and Additional Secretary, Syed Hamad Ali.
During the meeting, both sides discussed ways and means on increasing trade volume between the two countries and enhancing cooperation in other areas of mutual interest.
The minister said that promoting international trade, transit and investment is the pivot around which Pakistan seeks to devise its economic policies. Naveed Qamar said that government’s vision is to make Pakistan a trade, transit and transshipment hub ensuring connectivity with Afghanistan and beyond. In this regard, Pakistan have signed transit trade agreement with Uzbekistan, and are negotiating Transit Trade Agreement with Kazakhstan and Tajikistan, he added.
It is worth noting that bilateral trade between Pakistan and Kyrgyzstan remained at US$ 4.27 million during fiscal year 2021-22 which does not reflect the true potential of trade between the two countries, the minister opined.
Commerce minister said that Pak-Kyrgyzstan Trade and Investment Forum was held from 19-20 April 2022 in Islamabad and 22nd April in Lahore and desired that such activities should be held on regular basis in future.
Syed Naveed Qamar maintained that the draft MoU on establishment of Joint Working Group has been shared with Kyrgyz republic and their response was awaited.
The Kyrgyz Deputy Foreign Minister assured the Pakistani side for further enhancing trade ties between the two countries and said that he would take practical measures in this regard.
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