ISLAMABAD: Uzbekistan’s Foreign Minister Bakhtiyor Saidov met Prime Minister Shehbaz Sharif on Wednesday to discuss bilateral trade and regional connectivity, state-run media said, amid a flurry of visits by investors and diplomats to Pakistan in recent weeks as Islamabad attempts to bolster foreign investment to revive its fragile economy.
Before the Uzbek foreign minister’s arrival, a Saudi business delegation this week concluded its visit to the country where its members held a series of business-to-business meetings to explore investment opportunities across various sectors during their visit.
This was followed by a meeting between Prime Minister Shehbaz Sharif and Japanese industrialists, where the PM encouraged them to invest in Pakistan’s electric automotive industry. Similarly, Federal Minister for Finance Muhammad Aurangzeb engaged with international investors, assuring them of the country’s commitment to create an enabling business environment. The impending visit of Saudi Crown Prince Mohammed bin Salman, expected this month, is anticipated to bring several billion dollars in investments.
Saidov arrived in Pakistan Tuesday night, the foreign office confirmed in an earlier statement, to hold talks with Pakistani officials on bilateral trade and regional connectivity.
“The two sides discussed enhanced cooperation between Pakistan and Uzbekistan in the fields of trade and economy, security and defense, connectivity and people-to-people contacts,” the state-run Associated Press of Pakistan (APP) wrote about Saidov’s meeting with Sharif.
“The importance of peace and development in Afghanistan for regional connectivity was also discussed.”
Afghanistan acts as a geographical bridge between Pakistan and Uzbekistan, as well as other Central Asian countries. Islamabad has sought peace in Afghanistan to ensure safer trading routes and the development of infrastructure to facilitate trade with Central Asian states.
Earlier, Saidov met his Pakistani counterpart and deputy prime minister, Ishaq Dar, the foreign office said. The two held “comprehensive” discussions on trade, investment, security, people-to-people contacts and connectivity projects.
“They also resolved to expedite efforts for early implementation of the Uzbekistan-Afghanistan-Pakistan Railway Project,” the foreign office said.
Pakistan views Central Asian countries as crucial partners in enhancing regional trade and energy security.
The region’s vast natural resources, especially oil and gas, can be vital for Pakistan to secure reliable energy sources and diversify its energy imports.
Uzbekistan plays a key role in this equation due to its geographical position and resources, acting as a gateway for Pakistan to access other markets in the region.
The foreign office said separately that Qatar’s minister of state for foreign affairs, Dr. Mohammed bin Abdulaziz Al-Khulaifi, will visit Pakistan on May 9 as a special envoy of the Gulf country’s prime minister.
“In Islamabad, the Minister of State will call on Prime Minister Muhammad Shehbaz Sharif and on Deputy Prime Minister and the Foreign Minister Mohammad Ishaq Dar,” the foreign office said.
“Pakistan and Qatar have longstanding and multifaceted bilateral relations characterized by high-level exchanges and visits.”