Meeting between UPBC, UzAuto held

By Ajmal Khan Yousafzai

ISLAMABAD: A meeting was held between the senior management of Uzbekistan-Pakistan Business Council and Umurzakov Shavkat, Chairman of the Board, UzAuto, Joint Stock Company and Rustam Kodirov, Head of Strategic Planning, Analytics & Development, UzAuto, Joint Stock Company, here on Friday.
It was discussed during the meeting that UzAuto will be introducing Uzbek autoindustry in Pakistan through joint ventures, the senior managemnet of UzAuto also highlighted that, they are ready to make an investment in the Auto mobile industry of Pakistan as they see great potential.
Furthermore, mutual collaborations with the auto industry in Pakistanwas also discussed. It was also decided that a supply chain must be establishment in the first stage of this venture to target the market and consumers in Pakistan.
It is worth mentioning that, this meeting was held on the sidelines of the visit of H.E SardorUmurzaqov, Uzbekistan’s Deputy Prime Minister for Investment and Foreign Economic Relations to Pakistan. The Uzbekistan Pakistan Business Council is playing an effective role in enhancing business relations between the two countries.