Pakistan, Uzbekistan sign multiple agreements, establish strategic council to strengthen cooperation

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Updated 26 February 2025
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Pakistan, Uzbekistan sign multiple agreements, establish strategic council to strengthen cooperation

  • Leaders vow that bilateral trade, which currently exceeds $400 million, would be increased to reach $2 billion
  • Under strategic council, ministries and relevant bodies will report monthly on implementation of projects

ISLAMABAD: Pakistan and Uzbekistan on Wednesday signed a joint declaration to establish a High-Level Strategic Council aimed at strengthening economic, diplomatic and security cooperation, as Prime Minister Shehbaz Sharif met Uzbek President Shavkat Mirziyoyev during a state visit to Tashkent. 
Sharif landed in Tashkent late Tuesday following a visit to Baku, during which multiple agreements were signed to enhance cooperation in trade, energy, tourism and education, among other sectors. 
Pakistan is seeking to leverage its strategic position as a key trade and transit hub to connect the landlocked Central Asian republics to the global market. Since last year, there has been a flurry of high-level visits, investment discussions and other economic engagements between Pakistan and the Central Asian states.
On Wednesday, Sharif arrived at the Congress Center in Tashkent, where he was received by the Uzbek president. The two leaders jointly oversaw the signing of multiple memoranda of understanding (MoUs) covering trade, technology, security, youth affairs and media cooperation.
“This historic visit is an important event that will open a new chapter in the expansion of our strategic partnership,” Mirziyoyev said after the signing of the agreements, vowing to increase bilateral trade, which currently exceeds $400 million, to $2 billion.




A photo of Prime Minister Shehbaz Sharif and Uzbek President Shavkat Mirziyoyev during the Pakistani prime minister's visit to Tashkent on February 26, 2025. (Photo courtesy: PMO)

“We have also decided to establish a High-Level Strategic Council ... Once in two months we will have calls by mobile phones. Once a month, all the ministries and relative bodies will report to us in the online format on the implementations of the instructions and measures.”
He said the council would evaluate challenges to bilateral cooperation and work to address them.
Speaking about the status of economic ties, he said there were at least 130 joint ventures between the two nations while more trade houses had been opened in Karachi and Tashkent. 
An intergovernmental commission was “working effectively” while many political consultations, business events and exhibitions of national products had been successfully organized, and more were in the works. 
“The chairperson of Uzbek central bank will go to Pak and his counterpart will come here. We will resolve any possible challenges,” the Uzbek leader said. 
Mirziyoyev said he had also held detailed discussions with Sharif on regional connectivity with a focus on the trans-Afghan rail service aimed at linking the three countries. 
“We are planning to increase the trade turnover to $2 billion and we will increase the industrial cooperation, develop the transport and logistic connections, we will create favorable conditions and incentives for the entrepreneurs and that was the main topic for our discussions today,” the Uzbek president said. 
“And regarding the pharmaceuticals, textiles, leather industry, agriculture, honorable Prime Minister [Shehbaz Sharif] also made the proposals on the energy, geology, and the mining spheres, to develop those industries and to have regional cooperation and access to third countries.”
While air travel had already been launched between Tashkent and Lahore, the number of flights would be increased and new routes introduced connecting Samarkand and Bukhara to Karachi, Mirziyoyev added. 

 

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Speaking at the occasion, Sharif said the two leaders had discussed and decided on “a joint way forward in economic terms.”
“We will explore joint projects such as the Afghan railway connectivity, which will be a game-changer not only for Pakistan and Uzbekistan but for the entire region,” he said, adding that they had also discussed cooperation in mining and minerals, the potential for investment in each other’s economic zones, and the expansion of trade. 
“We will also expand tourism, allowing people from Peshawar, Quetta, Karachi, and Lahore to visit Bukhara and Samarkand, while the people of Uzbekistan will also come to visit the historic sites in Pakistan,” Sharif said.
“I look forward to increasing flight connectivity between Tashkent, Lahore, Karachi, and other cities, to facilitate greater interaction and cooperation between our nations. Through industry, investment, agriculture, trade, and culture, we will strengthen our ties and build on the roots of our shared history.”
Among the MoUs signed was one for cooperation between news agencies, and others on youth affairs, science and visa-free travel.
Sharif and Mirziyoyev are also scheduled to participate in a Pakistan-Uzbekistan Joint Business Forum after their bilateral meeting, while the Pakistani prime minister will visit the Tashkent-based Technopark, where he will tour Uzbekistan’s industrial manufacturing units. 
Uzbekistan is the largest consumer market and the second-biggest economy in Central Asia. It is central to Pakistan’s regional connectivity plans and was the first Central Asian nation with which Pakistani officials signed a bilateral Transit Trade Agreement (UPTTA) and a Preferential Trade Agreement (PTA) covering 17 items.
A landmark moment in the relationship was the signing of the Joint Declaration on the Establishment of a Strategic Partnership during a high-level Pakistani visit to Uzbekistan on July 15-16, 2021. This was followed by President Shavkat Mirziyoyev’s visit to Pakistan on March 3-4, 2022, which resulted in the signing of another Joint Declaration on Further Steps to Enhance the Strategic Partnership and multiple agreements covering trade, investment, and economic cooperation.
In February 2023, Pakistan and Uzbekistan signed a $1 billion trade deal to enhance bilateral commerce, facilitating the exchange of goods and services. 
Last month, Uzbekistan’s Ambassador to Pakistan, Alisher Tukhtaev, announced plans to launch direct flights between Uzbekistan and Pakistan’s southern port city of Karachi. Uzbekistan and Pakistan are also working toward optimizing cargo flows, green corridors at border customs points, and digitalization of customs clearance processes to facilitate smoother trade operations.

 


Pakistan PM hails negative SPI inflation, says economic indicators improving

Updated 13 sec ago
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Pakistan PM hails negative SPI inflation, says economic indicators improving

  • SPI focuses on short-term price movements that affect low- and middle-income households most directly
  • Shehbaz Sharif says the government wants to pass on the benefits of improving economy to the public

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday expressed satisfaction over the annual decline in Pakistan’s Sensitive Price Index (SPI), which he said had fallen to -3.52% in April 2025, compared to 26.94% in the same month last year.
The SPI measures weekly changes in the prices of essential items such as food, fuel and utilities across various consumption groups. Unlike the broader Consumer Price Index (CPI), which captures overall inflation, the SPI focuses on short-term price movements that affect low- and middle-income households most directly.
“The [SPI] rate stood at 26.94% in the same month last year, whereas in April 2025, it has been recorded at minus 3.52%,” the prime minister said in a statement issued by his office.
“The country’s economic indicators are improving with each passing day,” he added. “The government is making every effort to ensure that the benefits of these improving economic indicators reach the public.”
Sharif also commended his economic team for their efforts in stabilizing the economy and curbing inflation.​
In May 2023, Pakistan experienced its highest recorded inflation, with the CPI reaching 38% year-on-year, driven by surging food and energy prices.
The recent decline in the SPI indicates potential relief for consumers,​ though the government continues to face challenges in managing the economy, including meeting fiscal targets and securing external financing.


VISA to triple Pakistan office size, partner with 1-Link, PayPak — finance minister

Updated 25 April 2025
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VISA to triple Pakistan office size, partner with 1-Link, PayPak — finance minister

  • Muhammad Aurangzeb hails company’s role in advancing digital payments and financial inclusion
  • The finance minister also assures the US financial services company of the government’s full support

ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Thursday US financial services company Visa will triple the size of its office in Pakistan and collaborate with the country’s first-ever domestic payment card scheme, 1Link and PayPak.
Visa Inc. is a global payments technology company that operates one of the world’s largest electronic payment networks, enabling consumers and businesses to make payments using Visa-branded credit, debit and prepaid cards.
Visa doesn’t issue cards itself but partners with banks and financial institutions to do so. 1Link and PayPak is similar in concept to Visa or Mastercard but is designed specifically for local use within Pakistan.
The Pakistani minister, currently in Washington, appreciated Visa’s role in the digitalization of his country’s economy during a meeting with the company’s regional vice president, Andrew Torre.
“He [Aurangzeb] noted that Visa’s decision to triple the size of its office in Pakistan and its collaboration with 1Link and PayPak would contribute significantly to promoting financial inclusion, e-commerce, transaction security, and payment gateways in Pakistan, as well as facilitate remittances,” the finance ministry said in a statement issued after the meeting.
It added the finance minister also assured the company of the government’s full support in resolving any issues faced by them.
Aurangzeb’s meeting with Torre came as the country works toward a more inclusive and digitally empowered economy, with government backing and private sector innovation aligned.


Pakistan Senate rejects Indian attempt to link it to Kashmir tourist attack

Updated 25 April 2025
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Pakistan Senate rejects Indian attempt to link it to Kashmir tourist attack

  • Deputy PM Ishaq Dar says India must be held accountable for its acts of ‘terrorism’ in Pakistan
  • He also reaffirms Pakistan’s ‘moral, political and diplomatic’ support to the people of Kashmir

ISLAMABAD: Pakistan’s Senate on Friday unanimously passed a resolution condemning what it called India’s “frivolous and baseless” attempts to link Islamabad to a deadly shooting in the disputed Himalayan region of Kashmir, rejecting the allegation and accusing New Delhi of using “terrorism” as a political tool.
India has blamed Pakistan for the attack in the scenic town of Pahalgam in Kashmir’s Anantnag district, where gunmen killed 26 civilians on Tuesday in the deadliest assault on non-combatants in nearly two decades.
Pakistan has denied any involvement in the incident, with Deputy Prime Minister Ishaq Dar reading out the resolution in the upper house of parliament that was later adopted by all the lawmakers.
“The Senate of Pakistan condemns terrorism in all its forms and manifestation, emphasizes that killing of innocent civilians is contrary to the values upheld by Pakistan [and] rejects all frivolous and baseless attempts to link Pakistan with the Pahalgam attack of 22nd April 2025 in Indian Illegally Occupied Jammu and Kashmir,” he said.
The resolution denounced India’s suspension of the decades-old Indus Waters Treaty and reaffirmed Pakistan’s support for the Kashmiri people’s right to self-determination.
It also accused India of waging a “mala fide campaign” to malign Pakistan.
“The country’s sovereignty, security and interests demand that India should be held accountable for its involvement in different acts of terrorism and targeted assassinations on the soil of other countries, including Pakistan,” Dar continued.
He also reaffirmed Pakistan’s “unwavering moral, political and diplomatic support for and commitment to the Kashmiri people’s just struggle for realization of their inalienable right to self determination.”


Detained Pakistan rights activist Dr. Mahrang Baloch launches hunger strike

Updated 25 April 2025
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Detained Pakistan rights activist Dr. Mahrang Baloch launches hunger strike

  • Baloch, 32, was arrested last month on charges of terrorism, sedition and murder
  • Dozen UN experts called on Pakistan in March to immediately release Baloch rights defenders

QUETTA: Detained activist Dr. Mahrang Baloch, one of the leading campaigners for Pakistan’s Baloch minority, has launched a hunger strike along with other detainees, her sister told AFP on Friday.
Mahrang Baloch, 32, was arrested last month on charges of terrorism, sedition and murder.
In her native Balochistan, an impoverished province that borders Afghanistan and Iran, security forces are battling a growing insurgency.
Rights groups say the violence has been countered with a severe crackdown that has swept up innocent people. Authorities deny heavyhandedness. 
Mahrang’s hunger strike “is aimed at denouncing the misconduct of the police and the failure of the justice system to protect... prisoners,” her younger sister, Nadia Baloch, said.
Nadia said the hunger strike was launched on Thursday after the attempted “abduction” of one of the Baloch detainees.
Mahrang’s organization, the Baloch Yakjehti Committee (BYC), said the inmate was beaten by security officials and taken from the prison to an unknown location.
A security official said the detainee was moved to another prison and denied any mistreatment.
BYC said four other detained Baloch activists have joined the hunger strike.
“All of them are peaceful political workers, imprisoned for raising their voices... Their only ‘crime’ is organizing peacefully in an environment saturated with state terror and violence,” the group said.
Activists say in the crackdown against militancy in the region authorities have harassed and carried out extrajudicial killings of Baloch civilians.
Pakistani authorities reject the “baseless allegations.”
A dozen UN experts called on Pakistan in March to immediately release Baloch rights defenders, including Mahrang, and to end the repression of their peaceful protests.
UN special rapporteur for human rights defenders Mary Lawlor said she was “disturbed by reports of further mistreatment in prison.”
The judiciary has declined to rule on Mahrang’s detention, effectively halting any appeal and placing the matter solely in the hands of the provincial government.
Insurgents in Balochistan accuse outsiders of plundering the province’s rich natural resources and launched a dramatic train siege in March, during which officials said about 60 people were killed.


Pakistan joins Muslim world in sending condolences ahead of Pope’s funeral on Saturday

Updated 25 April 2025
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Pakistan joins Muslim world in sending condolences ahead of Pope’s funeral on Saturday

  • Over 128,000 people have already paid last respects to Francis, whose coffin will be closed at 1800 GMT in ceremony attended by senior cardinals
  • Francis will be interred in the ground, his simple tomb marked with just one word: Franciscus, people will be able to visit the tomb from Sunday morning

ISLAMABAD: Pakistan joined the Muslim world in sending condolences as the Vatican made final preparations Friday for Pope Francis’s funeral and the last of the huge crowds of mourners filed through St. Peter’s Basilica to view his open coffin.
Over 128,000 people have already paid their last respects to Francis, whose coffin will be closed at 8:00pm (1800 GMT) in a ceremony attended by senior cardinals.
Many of the 50 heads of state and 10 monarchs attending Saturday’s ceremony in St. Peter’s Square, including US President Donald Trump and Ukrainian leader Volodymyr Zelensky, are expected to arrive later Friday in Rome.
“Pakistan conveys its heartfelt condolences on the passing of His Holiness, Pope Francis, a revered spiritual figure and a worldwide advocate for peace, interfaith dialogue and compassion,” the foreign office said. 
“His Holiness demonstrated unwavering commitment to fostering unity among world religions, advocating for the oppressed and promoting the inherent dignity of all humankind. Pakistan deeply values his tireless efforts to enhance mutual respect and understanding among diverse cultures and faiths.”
The foreign office said the pope’s legacy was marked by “profound humility, selfless service and a unifying vision for humanity,” which would serve as an inspiration for generations to come. 
“At this moment of profound sorrow, Pakistan stands in solidarity with our Catholic brothers and sisters worldwide and with all those touched by the extraordinary life of service.”
Italian and Vatican authorities have placed the area around St. Peter’s under tight security with drones blocked, snipers on roofs and fighter jets on standby. Further checkpoints will be activated on Friday night, police said.
Vast crowds of people on Friday morning packed Via della Conciliazione, the wide avenue leading to the Vatican, for the third and final day of the pope’s lying-in-state.
For a second night in a row, the Vatican kept St. Peter’s open past the scheduled hours to accommodate the queues, only closing the doors between 2:30am (0030 GMT) and 5:40am Friday.
Cardinal Kevin Farrell, Camerlengo of the Holy Roman Church, will preside at the Rite of Sealing of the Coffin of the late Pope Francis on Friday, April 25, at 8:00 PM, ahead of the papal funeral on Saturday morning.
The Catholic Church’s first Latin American pope died on Monday aged 88, less than a month after spending weeks in hospital with severe pneumonia.
The Argentine pontiff, who had long suffered failing health, defied doctors’ orders by appearing at Easter, the most important moment in the Catholic calendar.
It was his last public appearance.
Condolences have flooded in from around the world for the Jesuit, an energetic reformer who championed those on the fringes of society in his 12 years as head of the world’s 1.4 billion Catholics.
He used his last speech to rail against those who stir up “contempt... toward the vulnerable, the marginalized, and migrants.”
After the funeral, Francis’s coffin will be driven at a walking pace to be buried at his favorite church, Rome’s papal basilica of Santa Maria Maggiore.
The hearse will pass down Rome’s Fori Imperiali – where the city’s ancient temples lie – and past the Colosseum, according to officials.
Big screens will be set up along the route on which to watch the ceremony, Interior Minister Matteo Piantedosi said.
Francis will be interred in the ground, his simple tomb marked with just one word: Franciscus.
People will be able to visit the tomb from Sunday morning, as all eyes turn to the process of choosing Francis’s successor.
With inputs from AP