Multan, August 28, 2025: Trade between Pakistan and Uzbekistan has witnessed a sharp rise, jumping from $122 million to $404 million in just a few years, while bilateral investment has reached $320 million as of August 2025. Both countries have now set a target of pushing trade volumes to $2 billion in the coming years.
Officials attribute the surge to new economic opportunities unlocked under the Special Investment Facilitation Council (SIFC), which has strengthened Pakistan’s outreach to Central Asian states.
During a visit to the Multan Chamber of Commerce and Industry (MCCI), Uzbek diplomat Oybek Kambarov reaffirmed Tashkent’s commitment to enhancing economic ties, announcing plans to set up special economic zones with tax incentives for Pakistani investors. Uzbekistan currently operates 18 industrial zones across textiles, food processing, agro-based industries, and leather.
To boost connectivity, both governments have also introduced three direct flights and streamlined the business visa process to just three days. These steps, officials say, will significantly improve trade facilitation.
Kambarov also toured several industries in Pakistan, praising their quality and innovation. MCCI Senior Vice President Khawaja Mohsin underlined South Punjab’s role in national exports and suggested establishing warehousing facilities in Uzbekistan to support Pakistani exporters.
Both sides have agreed to intensify B2B meetings, trade fairs, and single-country exhibitions to deepen commercial engagement. Officials noted that the SIFC’s involvement has “opened a new chapter of global partnership,” expanding cooperation not only in trade and investment but also in technology and connectivity.
