Overview
- Leaders signed a joint declaration after exchanging 28 MoUs spanning defence, IT, pharmaceuticals, agriculture, mining, maritime logistics, education, disaster management and counter-narcotics.
- A trade protocol set a goal to lift bilateral commerce to $2 billion within five years, with a joint working group tasked to draft a five-year action plan and periodic reviews; the joint statement cites 2029 for the target.
- At the Pakistan–Uzbekistan Business Forum, businesses reported B2B MoUs worth about $3.4 billion as both sides pledged to clear hurdles and facilitate investment.
- Uzbekistan announced a 10-year tax exemption for Pakistani traders to encourage market entry and joint ventures, including opportunities in textiles, leather goods and pharmaceuticals.
- Connectivity remained a priority as both sides welcomed progress on the Uzbekistan–Afghanistan–Pakistan railway and agreed on steps to ease transit via Pakistani ports; Pakistan conferred the Nishan-e-Pakistan on President Shavkat Mirziyoyev.