logo
#

Latest news with #AlisherTukhtaev

Uzbekistan sees avenues for exploration ventures
Uzbekistan sees avenues for exploration ventures

Express Tribune

time5 days ago

  • Business
  • Express Tribune

Uzbekistan sees avenues for exploration ventures

Listen to article Federal Minister for Petroleum Ali Pervaiz Malik emphasised Pakistan's commitment to deepening energy collaboration with Uzbekistan during a meeting with Ambassador Alisher Tukhtaev on Friday. Their discussion centered around strengthening bilateral ties, with a particular focus on expanding cooperation in the oil and gas sector. The Uzbekistan ambassador lauded Prime Minister Shehbaz Sharif's recent successful visit to Tashkent, which paved the way for stronger economic and energy partnerships. He reaffirmed Uzbekistan's commitment to elevating bilateral trade to $2 billion in the coming years and identified the energy sector as a key area for mutual growth. He noted significant opportunities for joint exploration ventures, technical training programmes for Pakistani professionals in Uzbekistan and collaborative research in synthetic fuel and polymer production. In response, the petroleum minister proposed the establishment of a dedicated Energy Working Group to complement existing bilateral mechanisms and ensure focused progress in oil and gas cooperation.

Corridor linking Kazakhstan, Uzbekistan dry ports with Pakistan seaports proposed
Corridor linking Kazakhstan, Uzbekistan dry ports with Pakistan seaports proposed

Business Recorder

time20-06-2025

  • Business
  • Business Recorder

Corridor linking Kazakhstan, Uzbekistan dry ports with Pakistan seaports proposed

ISLAMABAD: Pakistan has suggested developing a trade corridor, linking Kazakhstan and Uzbekistan's dry ports with Pakistan's seaports via road and rail networks. During a meeting between Federal Minister Maritime Affairs Muhammad Junaid Anwar Chaudhry and the Ambassador of Uzbekistan, Alisher Tukhtaev, here on Thursday, various proposals to enhance mutual and regional cooperation were discussed. According to Pakistan's Maritime Minister this initiative, potentially unlocking over $20 billion in trade, would serve as a strategic artery for landlocked Central Asian economies, accelerating their access to the maritime domain. During the meeting both the delegations agreed to form a joint working group to deepening maritime cooperation, with a focus on unlocking the untapped potential of the blue economy, green shipping and creating a robust trans-regional trade architecture connecting Central Asia to the Arabian Sea. Furthermore, both sides emphasised the urgency of building sustainable maritime linkages to support shared economic growth, regional connectivity, and long-term prosperity through ocean-based industries. The meeting also discussed integrated logistics solutions bonded warehouses, multimodal transport systems, and smart port infrastructure as enablers of efficient cross-border trade. Synergy with the China-Pakistan Economic Corridor (CPEC) was recognised as vital for expanding Uzbekistan's reach to a $6 trillion regional market. Chaudhry stressed the importance of integrating Uzbekistan into maritime ecosystem through ports like Gwadar and Karachi offering cost-effective and efficient access to global markets. 'Uzbekistan can invest in improving road infrastructure and connectivity to Gwadar port underlining its commercial viability and alignment with global sustainability goals,' the minister suggested. The both sides explored avenues for joint ventures in key blue economy sectors, including marine fisheries, aquaculture, seafood processing, and coastal tourism, all poised to generate high returns in Gulf, African, and Southeast Asian markets. Muhammad Junaid Anwar Chaudhry extended an invitation to Uzbekistan to invest in Pakistan's port-based industries, shipbuilding, and renewable ocean energy initiatives. This engagement marks a significant step forward in Pakistan-Uzbekistan relations, laying the groundwork for a long-term maritime partnership rooted in blue economy collaboration, innovation, and regional integration. Responding to the minister's proposal, both sides agreed to convene fast-track consultative meetings involving technical experts. These sessions will identify Uzbekistan's specific maritime needs and determine Pakistan's potential offerings to support them. Minister Junaid Anwar Chaudhry further proposed a trilateral collaboration between Uzbekistan, Kazakhstan, and Pakistan to enhance overland connectivity to Gwadar Port positioning it as a key gateway for Central Asian states through integrated road and rail networks. Uzbekistan's Ambassador Alisher Tukhtaev expressed strong interest in launching joint ventures in the seafood sector, particularly in fisheries production. He also suggested the allocation of an off-dock terminal dedicated to Uzbek trade operations in Pakistan. The ambassador informed the minister that a delegation of Uzbek business leaders would soon visit Karachi to inspect port infrastructure and operations especially those related to the Marine Fisheries Department as part of efforts to deepen commercial cooperation. Copyright Business Recorder, 2025

Tashkent-Islamabad: Chambers, business leaders hail direct flight
Tashkent-Islamabad: Chambers, business leaders hail direct flight

Business Recorder

time16-06-2025

  • Business
  • Business Recorder

Tashkent-Islamabad: Chambers, business leaders hail direct flight

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) leadership and Chamber of Commerce's on Sunday felicitated the commencing of direct flight between the capital cities of Pakistan and Uzbekistan. The direct air link between Tashkent and Islamabad would prove to be a milestone in forging bilateral business and economic integration with Uzbekistan and other Central Asian states, Senior Vice President of FPCCI ZAKI AIJAZ told APP here. The FPCCI leader said the direct flights between Tashkent and Islamabad would increase the possibilities of economic cooperation between the two regional countries and two flights in a week from Tashkent, the industrial hub of Uzbekistan, to Islamabad, would help enhance economic activities between both sides. He said Ambassador of Uzbekistan to Pakistan, H.E Alisher Tukhtaev , deserved appreciation for playing an important role in the launch of a direct air link between the two brotherly countries. Karachi Chamber of Commerce (KCCI) President, Muhammad Jawed Bilwani said with the start of direct flights between Tashkent and Islamabad the economic relations between the two countries would increase in the coming future. Bilwani said the business community of Karachi considered that the step would have a huge impact on economic and trade ties between Pakistan and Uzbekistan and Central Asian states. Lahore Chamber of Commerce and Industry President, Mian Abuzar Sha said Uzbekistan is a significant Central Asian States in Central Asia and the direct flights between Islamabad and Tashkent would strengthen business relations between the two countries and all the credit in that regard to Ambassador Alisher Tukhtaev. The President LCCI said that this is the second direct flight between the two countries, after the biweekly direct flights started between Tashkent and Lahore in this year, which is significant for regional connectivity. In addition to the new Islamabad route, Uzbekistan Airways currently operates biweekly direct flights to Lahore on Wednesdays and Fridays is a milestone in the history of both nations. President of the Faisalabad Chamber of Commerce and Industry, Rehan Naseem Bharara said besides trade relations, the direct flight link would also help in enhancing tourism and cultural ties between Uzbekistan and Pakistan. President FCCI said his chamber hailed the Embassy of Uzbekistan in Islamabad for commencing direct flights between both of the capital cities and also including its national airline Uzbekistan Airways. President of Quetta Chamber of Commerce and Industry, Ayub Mariani termed the commencing of Tashkent and Islamabad direct flights an important development for promoting regional economic integration. President QCCI said such direct flights should be started between major cities of the two countries, including Quetta which had a historical connection with Central Asian states.

Pakistan, Uzbekistan deepen tourism ties
Pakistan, Uzbekistan deepen tourism ties

Express Tribune

time12-04-2025

  • Business
  • Express Tribune

Pakistan, Uzbekistan deepen tourism ties

Listen to article In a significant move to bolster bilateral ties and promote regional tourism, Pakistan and Uzbekistan held a high-level tourism engagement in Islamabad. The event brought together senior tourism officials, diplomats, and industry stakeholders from both countries. The Uzbek delegation was led by Umid Shadiev, Chairman of Uzbekistan's Tourism Committee, along with Ambassador Alisher Tukhtaev. Senior officials from the Pakistan Tourism Development Corporation (PTDC) and representatives from the local tourism sector participated on behalf of Pakistan. PTDC's managing director highlighted the shared historical and cultural heritage between the two nations, rooted in the ancient Silk Road. "Tourism is not just an exchange of money; it is an exchange of stories, experiences, and friendships," he noted, emphasising travel as a means to foster peace and collaboration. Discussions focused on leveraging tourism opportunities in both countries—from Uzbekistan's historic cities of Samarkand, Bukhara, and Khiva to Pakistan's scenic north and archaeological sites like Mohenjo-Daro and the Shahi Fort. Prominent Pakistani tour operators were invited to explore Uzbekistan as a travel destination. The Uzbek delegation offered detailed insights into Uzbekistan's tourism offerings, covering cultural, historical, and natural attractions. Shadiev reaffirmed Uzbekistan's desire to expand cooperation with Pakistan. "Uzbekistan sees Pakistan not just as a neighbour, but as a trusted friend," he said, envisioning a tourism bridge connecting both nations. Actionable steps were outlined, including launching joint cultural festivals, promoting youth and media exchange programmes, and improving direct flight connectivity.

PM seeks roadmap to increase Pak-Uzbek trade to $2bn
PM seeks roadmap to increase Pak-Uzbek trade to $2bn

Express Tribune

time13-03-2025

  • Business
  • Express Tribune

PM seeks roadmap to increase Pak-Uzbek trade to $2bn

Listen to article Prime Minister Shehbaz Sharif has stressed the importance of creating a comprehensive roadmap to increase bilateral trade between Pakistan and Uzbekistan to $2 billion as outlined by the leadership of both countries. In a meeting with Uzbekistan's Ambassador to Pakistan, Alisher Tukhtaev, on Thursday, the prime minister emphasised Pakistan's eagerness to expand cooperation with Uzbekistan in several sectors, including mining, railways, Special Economic Zones, banking, tourism, culture, and renewable energy. The Prime Minister also expressed his gratitude to President Shavkat Mirziyoyev for the warm reception he received during his recent visit to Tashkent and conveyed his greetings to the Uzbek leader. He reiterated the success of the visit, which resulted in the formation of a High-Level Strategic Cooperation Council and the signing of several agreements and MOUs in various fields. Prime Minister Shehbaz Sharif mentioned that he had instructed relevant ministers to promptly follow up on the outcomes of his discussions with the Uzbek leadership during his trip. Ambassador Tukhtaev conveyed President Mirziyoyev's commitment to enhancing Uzbekistan's ties with Pakistan and announced that the President had accepted the Prime Minister's invitation to visit Pakistan later this year, with the dates to be finalized between both sides.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store