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Pakistan, Tajikistan keen to boost economic ties

in Afghan Business

Pakistan, Tajikistan keen to boost economic ties

Pakistan and Tajikistan leadership have stressed on the need to strengthen transit and transportation through enhanced cooperation at the regional level.

Ambassador of Tajikistan Sherali Saidmir said the bilateral trade and economic ties between Pakistan and Tajikistan would be further strengthened after finalization of the trilateral transit trade accord among Pakistan, Afghanistan and Tajikistan (PAT).

“Early finalization of the trilateral agreement on transit trade among Pakistan, Afghanistan and Tajikistan will contribute to economic and trade relations and will give greater impetus to regional cooperation,” Daily Times quotes Ambassador Sherali.

He further added that the geo-strategic location of Pakistan would benefit Tajikistan, who would become a partner of China Pakistan Economic Corridor (CPEC).

Sherali hoped the trade volume between Pakistan and Tajikistan would reach USD 500mn within the next two years.

The two countries are also working on strengthening the air connectivity for the promotion of people-to-people contacts, economic relations and tourism.

“Negotiations between the Tajik Airlines Somon Air and Civil Aviation Authority of Pakistan are underway to finalize modalities in this regard to start flight operation between the two countries,” the ambassador said.

Tajikistan and Pakistan are also part of the CASA-1000 project, which is designed to transmit 1,300MW of surplus electricity from Tajikistan and Kyrgyz Republic through Afghanistan to Pakistan.

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