Economic relations between Pakistan and Uzbekistan have reached a new milestone this year, with bilateral trade surging from just $122 million to $404 million by August 2025.
Investment flows have also been amazing, crossing $320 million as both countries deepen their engagement under the umbrella of the Special Investment Facilitation Council (SIFC).
Encouraged by this momentum, Islamabad and Tashkent have set an ambitious target of raising their trade volume to $2 billion in the coming years.
Connectivity Taking Center Stage
One of the most significant developments has been the launch of three direct flights between the two countries, a step widely welcomed by business communities on both sides.
Alongside this, the business visa process has been simplified and minimized to only three days, removing bureaucratic delays that once discouraged traders and investors.
Officials kept on believing that these measures will provide a major boost to connectivity, people-to-people exchanges and trade facilitation.
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Industrial and Investment Opportunities
Uzbek diplomat Oybek Kambarov, during his recent visit to the Multan Chamber of Commerce and Industry (MCCI), reiterated his government’s dedication to creating special economic zones (SEZs) tailored for Pakistani investors.
These SEZs are about to come with tax incentives and streamlined procedures, offering opportunities in sectors such as textiles, agro-based industries, food processing and leather goods.
Uzbekistan already operates 18 industrial zones, which Kambarov described as thriving hubs of innovation and growth.
During his tour of Pakistan’s industries, Kambarov has shown admiration to the quality and innovation of local products, expressing confidence that they can compete strongly in Central Asian markets.
MCCI Senior Vice President Khawaja Mohsin highlighted South Punjab’s importance in Pakistan’s export ecosystem and suggested the establishment of warehousing facilities in Uzbekistan to ease logistics for Pakistani exporters.
A Growing Partnership
Both governments have agreed to intensify business-to-business meetings, trade fairs and single-country exhibitions to strengthen cooperation.
Officials described the role of SIFC as “a new chapter of global partnership,” opening doors not only for trade and investment but also for deeper engagement in technology and connectivity.
For Pakistani exporters and investors, this surge in trade with Uzbekistan is not just numbers—it is also depicting the growing promise of regional integration and the opening of Central Asia as a vital new market.