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Mou Signed for Promotion of Bilateral Trade With Uzbekistan

Peshawar: According to a news report, the Uzbekistan Chamber of Commerce and Industry (UCCI) and the Sarhad Chamber of Commerce and Industry (SCCI) have inked an agreement to strengthen trade and economic ties between the two nations.

The aforementioned agreement was inked in Uzbekistan by SCCI President Sherbaz Bilour and UCCI President UlugBeg. A high-level business delegation from Khyber Pakhtunkhwa is presently in the Central Asian Republic, according to sources.

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In accordance with the recently signed Memorandum of Understanding, SCCI and UCCI will work together to increase commerce between the two nations and foster partnerships and investments between the two corporate groups.

The necessity for stronger trade links with Central Asian Republics was underlined by President SCCI Bilour during his speech in order to support economic stability and provide investment opportunities that will lead to job chances.

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He also expressed the expectation that the signing of agreements in a number of industrial sectors would usher in a new era of collaboration and support between the nations.

The SCCI president also extended an invitation to the Uzbek business community to visit Khyber Pakhtunkhwa in order to examine potential joint investment prospects and gain from one another’s expertise.

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