Lahore – A Special Working Group from Uzbekistan visited the All Pakistan Textile Mills Association Punjab office Thursday to explore bilateral trade opportunities. Senior Vice Chairman of the Association Syed Ali Ahsan welcomed the delegation at the APTMA Punjab office. In his welcome address, he stressed on mutual cooperation to strengthen bilateral trade and investment relations.
“The spade work done by the Pak-Uzbek Joint Ministerial Committee provides an opportunity to improve mutual cooperation,” he said, and added, “Both countries have signed a protocol to cooperate in textiles, besides other areas, to boost bilateral trade.”
The Association and Uzbek representatives made detailed presentations to enlighten each other about their strengths in the areas of cotton and textiles. The APTMA members also proposed to the visiting delegation to remove irritants in cotton trade between the two countries while exploring the rail and road links in the context of the China-Pakistan Economic Corridor.
They further suggested setting up a warehouse in Pakistan in order to reduce time in cotton trade, as Pakistan was fast becoming a hub of cotton consumption and textile products in the region.
The Uzbek delegation welcomed the suggestions and assured of looking into the possibilities of early removal of the trade irritants through mutual cooperation. It also invited the APTMA delegation to the cotton and textile fair in October.