Pakistan, Uzbekistan agree to extend PTA

Pakistan and Uzbekistan have agreed to extend their Preferential Trade Agreement (PTA), marking a major step forward in strengthening bilateral trade, investment and economic cooperation, with both sides setting an ambitious target of boosting two-way trade to USD2 billion within the next two years. The agreement to expand the PTA was reached following high-level engagements facilitated by the Special Investment Facilitation Council (SIFC), reflecting Pakistan’s growing momentum in international economic diplomacy. Leaders of both countries reaffirmed their commitment to deepening economic ties, enhancing market access and creating a more enabling environment for trade and investment.