Islamabad: Minister for Economic Affairs Ahad Cheema has called for an enhancement of trade relations between Pakistan and Kyrgyzstan, emphasizing the significant potential for increased economic exchanges. This initiative was discussed during his meeting with Kyrgyzstan’s Finance Minister Daniiar Amangeldiev, held in Islamabad today.
According to Ministry of Information and Broadcasting, the bilateral trade between the two countries currently stands at a modest $8.63 million. Both ministers acknowledged the untapped potential and discussed strategies to bolster these figures significantly.
The discussions also delved into the finalization of the ‘Transit Trade Agreement’ and related Memorandums of Understanding (MoUs) that focus on cooperation in the agriculture and trade sectors. These agreements are expected to facilitate smoother trade operations and enhance economic ties between the two nations.
The meeting underlines a proactive approach by both countries to forge stronger economic links and explore new avenues for collaboration, reflecting a shared interest in realizing the full potential of their partnership.