10 December 2009
01:24 - LCCI team leaves for 4-day visit to Uzbekistan
LAHORE: An eleven-member business delegation, headed by LCCI Executive Committee Member, Mian Tariq Rehman, left for Tashkent on Tuesday on a four-day visit to Uzbekistan.

The delegation has in its fold businessmen belonging to pharmaceuticals, textiles, chemicals, foodstuff, biotechnology, steel, construction, furniture, travel and tourism.

The delegation is scheduled to have a number of high-profile business meetings and working lunches including one-on-one meeting at Tashkent Chamber of Commerce and Industry.

Pakistan Ambassador in Uzbekistan has also arranged a dinner in honor of LCCI delegation wherein top Uzbek government functionaries and businessmen would also participate.

The delegation would also conduct a market survey during its stay in Uzbekistan so that Pakistani businessmen could have knowledge of the potentials available in the Uzbekistan Market.

The delegation would also review the MoU, the Lahore Chamber of Commerce and Industry had signed with Uzbekistan Chamber of Commerce and Industry.

Active engagement of the business community, frequent exchange of economic and trade delegations to identify the areas of mutual interest, arranging of single country exhibitions and exchange of information between countries are among the key objectives of the LCCI delegation.

The leader of the LCCI delegation, Mian Tariq Rehman, prior leaving for Uzbekistan, said that the trade between the two countries had considerably increased over the last few years. Goods worth $20 million were traded between the two countries in 2008 compared to only $13 million 2006. During the year 2008 Pakistan imported goods worth $18.024 million, its export to Uzbekistan were only $2.8 million.

He said another striking feature of Pakistan’s trade with Uzbekistan was that Pakistan’s exports to Uzbekistan were on the decline. While Pakistan’s exports to Uzbekistan amounted to $6 million in 2004 and exports were only $1.75 million only. staff report // dailytimes.com.pk
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