Uzbekistan will Trade Through Pakistani Ports
Pakistan and Uzbekistan signed a transit trade deal on July 15, transferring all of Uzbekistan’s trade from Iranian Port Bandar Abbas to Pakistani seaports. Pakistan estimates that the treaty, which will provide all Central Asian nations access to Pakistani seaports, including Gwadar, may generate up to $90 billion in revenue.
Read: Mental Slavery and Superiority Complex is Talking in English In Front of Native Audience
The Agreement between Uzbekistan and Pakistan on Transit Trade (AUPTT) will let Pakistani seaports to reach Uzbekistan and grant Pakistani exporters access to all five Central Asian nations. This would strengthen commercial and regional links, as well as provide opportunities for Pakistan to increase exports to Uzbekistan and tap into the $90 billion Central Asian market.
The Uzbek-Pakistan agreement has been negotiated and finalized, and it covers commerce and transit of commodities by road and rail, as well as customs processes, based largely on the Afghanistan Pakistan Transit Trade Agreement (APTTA), a comprehensive and time-tested agreement with enhanced mechanisms.
Read: Port Qasim Authority is Set to Halve Port Charges to Boost Exports
According to a Trade Division official, the APTTA 2010 gave Pakistan access to Central Asian commerce for shipping commodities as far as Afghanistan’s border crossings with Uzbekistan, Tajikistan, and Turkmenistan, but Pakistan had no agreement to transport exports beyond those points.
Uzbekistan was given the use of Pakistani seaports as part of the government’s efforts to transform Pakistan into a trade, transit, and transshipment hub and to boost regional connectivity with Central Asia. This agreement would strengthen the economic and cultural links between the two nations.
Please contact Al Sadat Marketing for further assistance.
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005
