• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00202 0%
  • TJS/USD = 0.10672 -0.09%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
06 February 2026
6 February 2026

Uzbekistan, Pakistan Set $2 Billion Trade Target Following High-Level Talks in Islamabad

Image: president.uz

Uzbek President Shavkat Mirziyoyev arrived in Islamabad on a state visit on February 5, marking a new chapter in Uzbekistan-Pakistan relations. According to official sources, the Uzbek leader’s aircraft was escorted by Pakistan Air Force fighter jets upon entering the country’s airspace. At Nur Khan Airbase, Mirziyoyev was received by President Asif Ali Zardari, Prime Minister Shehbaz Sharif, and senior Pakistani officials.

Shortly after his arrival, Mirziyoyev visited the headquarters of Global Industrial & Defence Solutions, where he met with Pakistan’s Chief of Army Staff, Field Marshal Asim Munir. The two sides discussed strengthening the strategic partnership, with an emphasis on military and military-technical cooperation. Areas of focus included deepening collaboration between defense industry enterprises, expanding training for military personnel, sharing operational experience, and organizing joint exercises. Both countries agreed to draft a roadmap for future defense cooperation.

Later that day, Mirziyoyev held one-on-one talks with Prime Minister Sharif and chaired the inaugural meeting of the High-Level Strategic Cooperation Council. At the meeting’s outset, the Uzbek president extended greetings in advance of the holy month of Ramadan and Pakistan Day. Discussions centered on implementing existing agreements and expanding cooperation across political, economic, and humanitarian spheres.

Trade and economic cooperation featured prominently. Bilateral trade reached nearly $500 million by the end of last year, and approximately 230 Pakistani-capital companies are currently operating in Uzbekistan. Air connectivity and banking ties between the two countries are also expanding. Ongoing joint ventures span textiles, pharmaceuticals, chemicals, agriculture, and other sectors. An exhibition of Uzbek industrial products is being held in Islamabad as part of the visit.

The two leaders agreed to set a goal of raising bilateral trade turnover to $2 billion in the near future. Key measures include expanding the list of goods under the Preferential Trade Agreement, easing phytosanitary requirements for Uzbek agricultural exports, and increasing the use of Uzbekistan’s trade houses in Lahore and Karachi. A joint project portfolio valued at nearly $3.5 billion has already been developed.

Transport and logistics were another central topic. Both sides emphasized the strategic importance of advancing the Trans-Afghan railway and supporting the Pakistan-China-Kyrgyzstan-Uzbekistan transport corridor. They also agreed to establish an Uzbek-Pakistani Forum of Regions, with the inaugural meeting scheduled to take place this year in Uzbekistan’s Khorezm region.

Cultural cooperation was also addressed. Plans include hosting Uzbekistan Culture Weeks and Uzbek Cinema Days in Pakistan and exploring the creation of a joint cultural center in Lahore dedicated to the Baburid heritage.

The visit concluded with the signing of a Joint Declaration and a series of agreements spanning diplomacy, trade, defense, transport, agriculture, digital technologies, culture, security, and regional cooperation. Mirziyoyev also extended an invitation to Prime Minister Sharif for a return visit to Uzbekistan.

Sadokat Jalolova

Sadokat Jalolova

Jalolova has worked as a reporter for some time in local newspapers and websites in Uzbekistan, and has enriched her knowledge in the field of journalism through courses at the University of Michigan, Johns Hopkins University, and the University of Amsterdam on the Coursera platform.

View more articles fromSadokat Jalolova

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