The Pakistan

  Prime Minister Shehbaz Sharif on Friday invited Uzbek business firms to explore investment opportunities in Pakistan's textile, pharmaceutical, mining, agriculture, and tourism sectors, as private sector entities from both countries signed memoranda of understanding (MoUs) worth $3.4 billion for B2B cooperation. The prime minister, addressing the Pakistan-Uzbekistan Business Forum held along with Uzbek President Shavkat Mirziyoyev, who is on a two-day state visit to Islamabad, said that both sides had signed a protocol on Friday to achieve an "ambitious yet easily achievable" target of increasing bilateral trade to $2 billion in five years.

  Pakistan, Afghanistan, and Uzbekistan yesterday signed a Framework Agreement on the Joint Feasibility Study for the Naibabad–Kharlachi segment of the Uzbekistan–Afghanistan–Pakistan (UAP) Railway Corridor. The agreement, signed during a high-level trilateral ceremony in Kabul, was jointly announced by the Ministry of Foreign Affairs of Afghanistan and the governments of Pakistan and Uzbekistan. It marks a renewed commitment by the three countries to strengthen infrastructure, boost transnational trade, and foster long-term political and economic cooperation. The UAP Railway Corridor, once completed, is envisioned as a vital transport link connecting Uzbekistan to Pakistan’s seaports via Afghanistan, offering landlocked Central Asian countries efficient access to global markets. The newly signed Framework Agreement lays the foundation for a comprehensive feasibility study that will assess the technical, economic, environmental, and logistical viability of the proposed route, parti...