ISLAMABAD: Ambassador of the Republic of Uzbekistan Oybek Arif Usmanov on Wednesday said his country is ready to help Pakistan tackle its worst power crisis by providing electricity at affordable rates.
He said that Pakistan is trying to overcome energy shortages and “we can help them get access to surplus central Asian electricity.” This he said while talking to a delegation of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) headed by Chairman Coordination Raza Khan.
Uzbek ambassador, flanked by Deputy Head of Mission Asmatullah Fiazullah, said that Uzbekistan is already providing power to Afghanistan and they are satisfied with it.
“We can provide electricity to Pakistan via Peshawar on very reasonable rates,” he added.
The ambassador said that they are looking forward to enhanced exchange of business delegations and deeper cooperation in sectors like textiles, leather, cotton, pharmaceuticals and agriculture.
“Uzbekistan is the world’s second largest cotton exporter and sixth largest cotton producer, it can share expertise on insect-resistant cotton and anti-cotton virus technology,” said Usmanov.
At the occasion, head of FPCCI delegation, Raza Khan lauded the reform process in Uzbekistan and demanded that the brotherly nation offer electricity at affordable rates so that the economy can be bailed out without burdening other sectors.
He said that cargo transportation; transit, telecom, IT and public health engineering “are sectors that need attention of the policymakers of both countries.”
He praised the favourable business conditions, stable gold and currency reserves and steps for protection of investors as well as investments. He said that Uzbekistan should offer extra tax breaks to Pakistani investors.
“Uzbekistan can attract a great number of Pakistani tourists by offering incentives,” he said.
At the occasion, trade leaders Tariq Sayeed and Itikhar Ali Malik stressed enhanced bilateral trade, “which currently stands at just $40 million per annum,” said Malik Sohail adding that chambers of commerce of the two countries must establish close links. During the meeting, modalities of visit of 30-member delegation to Uzbekistan headed by Senator Ghulam Ali, President FPCCI were also finalised.
He said that Pakistan is trying to overcome energy shortages and “we can help them get access to surplus central Asian electricity.” This he said while talking to a delegation of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) headed by Chairman Coordination Raza Khan.
Uzbek ambassador, flanked by Deputy Head of Mission Asmatullah Fiazullah, said that Uzbekistan is already providing power to Afghanistan and they are satisfied with it.
“We can provide electricity to Pakistan via Peshawar on very reasonable rates,” he added.
The ambassador said that they are looking forward to enhanced exchange of business delegations and deeper cooperation in sectors like textiles, leather, cotton, pharmaceuticals and agriculture.
“Uzbekistan is the world’s second largest cotton exporter and sixth largest cotton producer, it can share expertise on insect-resistant cotton and anti-cotton virus technology,” said Usmanov.
At the occasion, head of FPCCI delegation, Raza Khan lauded the reform process in Uzbekistan and demanded that the brotherly nation offer electricity at affordable rates so that the economy can be bailed out without burdening other sectors.
He said that cargo transportation; transit, telecom, IT and public health engineering “are sectors that need attention of the policymakers of both countries.”
He praised the favourable business conditions, stable gold and currency reserves and steps for protection of investors as well as investments. He said that Uzbekistan should offer extra tax breaks to Pakistani investors.
“Uzbekistan can attract a great number of Pakistani tourists by offering incentives,” he said.
At the occasion, trade leaders Tariq Sayeed and Itikhar Ali Malik stressed enhanced bilateral trade, “which currently stands at just $40 million per annum,” said Malik Sohail adding that chambers of commerce of the two countries must establish close links. During the meeting, modalities of visit of 30-member delegation to Uzbekistan headed by Senator Ghulam Ali, President FPCCI were also finalised.
Posted in: Bussiness
