Home / Knowledge / News / Textiles / Pakistan, Uzbekistan sign trade promotion MoU

Pakistan, Uzbekistan sign trade promotion MoU

14
Sep '20
Pic: Shutterstock
Pic: Shutterstock
Pakistan and Uzbekistan recently signed a memorandum of understanding (MoU) to set up of a joint working group on trade and economic affairs for promoting economic partnership. The agreement will help both the nations identify areas for trade enhancement, promotion of inter-governmental projects in different sectors and improve connectivity.

A nine-member delegation headed by Uzbekistan deputy prime minister Sardor Umurzakov arrived yesterday in Pakistan and called on Prime Minister Imran Khan and chief of army staff General Qamar Javed Bajwa.

According to Abdul Razak Dawood, advisor to prime minister on commerce, industries and production and investment, Pakistan wants to strengthen its ties with the central Asian states in diverse fields.

In a meeting with Dawood, both sides agreed to start negotiations for a bilateral early harvest plan, proceeding to a preferential trade agreement (PTA) to offer increased market access to each other’s products.

They also agreed to have mutual recognition agreements (MRAs) for harmonisation of standards and sanitary and phytosanitary measures. A business forum for the private sector of both countries would also be set up, according to Pakistani media reports.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 5th Aug 2021

30-35% of Vietnam's textile-garment operations on hold due to COVID-19

Around 30-35 per cent of textile and garment factories in Vietnam...

Pic: Bolt Threads/Stella McCartney

Textiles | On 5th Aug 2021

Is faux leather good enough? Luxury fashion brands say yes

After fake fur, the luxury fashion industry has its eyes set on vegan ...

Pic: Shutterstock

Apparel/Garments | On 5th Aug 2021

Prime Content| Why China's share in global apparel exports will drop this year?

China's share in the global apparel exports market went down from...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Ujjval Saraf,

Ujjval Saraf

Founded by Jimmy Lai, Giordano International Ltd, a Hong Kong based...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

<b>Anjali Bhaskar</b> has an experience of 12 years in the fashion...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search