Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Pakistan, Kyrgyzstan vow to revive trade ties

byCT Report
29/07/2025
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: Pakistan and Kyrgyzstan have signed multiple protocols and Memorandums of Understanding (MoUs) during the 5th Session of the Pakistan-Kyrgyzstan Inter-Governmental Commission (IGC) on Trade, Economic, Scientific and Technical Cooperation, held in Islamabad.

The session, co-chaired by Minister for Energy (Power Division) Sardar Awais Ahmad Khan Leghari and Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic Edil Baisalov, marked a significant advancement in bilateral relations and reaffirmed a shared commitment to expand cooperation across a broad range of sectors.

You might also like

Bejaan Resorts, South Air sign agreement

21/08/2026

Businesses face up to Rs50m fine for failing to link with FBR system

21/08/2026

Despite a noticeable drop in trade volume—from $11.2 million in 2022–23 to $5.18 million in 2024–25—both sides agreed on the urgent need to revitalize commercial engagement. They set a new bilateral trade target of $100 million and emphasized the importance of diversifying import-export portfolios. In this context, discussions focused on reviving the Pakistan-Kyrgyz Joint Business Council, organizing sector-specific trade fairs, and encouraging business-to-business exchanges to generate momentum.

The two countries signed a number of MoUs to formalize cooperation in key areas. One agreement was inked between the Center for Standardization and Metrology under Kyrgyzstan’s Ministry of Economy and Commerce and the Pakistan Standards and Quality Control Authority (PSQCA) under the Ministry of Science and Technology. Another MoU was signed between the National Investments Agency under the President of Kyrgyzstan and the Board of Investment of Pakistan, aimed at bolstering bilateral investment. A third MoU focused on Halal trade collaboration and was signed by the Pakistan Halal Authority and Kyrgyzstan’s Center for Development of Halal Industry.

Energy cooperation emerged as a key pillar of the dialogue. The Kyrgyz side proposed joint participation in a cross-border power transmission line connecting Kyrgyzstan, China, and northern Pakistan. Both countries agreed to explore electricity imports, collaboration in renewable energy, mining, and hydrocarbons, and to strengthen institutional linkages between the Hydrocarbon Development Institute of Pakistan and the Kyrgyz State Technical University.

Regional connectivity also figured prominently in the session. Both sides committed to enhancing cooperation in postal services, civil aviation, cargo, and rail transportation. Pakistan proposed transitioning Kyrgyz airlines from charter services to regular passenger flights. It also welcomed Kyrgyzstan’s proposal to establish a new air corridor linking the two countries via China and expressed interest in further engagement on regional aviation links.

Additionally, the Kyrgyz delegation proposed Pakistani participation in a high-speed fiber-optic communication line spanning the Pakistan-Kyrgyzstan route.

Related Stories

Bejaan Resorts, South Air sign agreement

byCT Report
21/08/2026

ISLAMABAD: Bejaan Resorts and South Air (Private) Limited will formally enter into a strategic partnership aimed at strengthening air connectivity...

Businesses face up to Rs50m fine for failing to link with FBR system

byCT Report
21/08/2026

ISLAMABAD: The businesses that fail to connect their operations with the Federal Board of Revenue (FBR) system within the prescribed...

Google to provide 150,000 Career Certificates, free AI Plus, Gemini access to Pakistani students

byCT Report
21/08/2026

ISLAMABAD: Pakistan and Google on Friday signed a memorandum of understanding (MoU) aimed at accelerating the country’s digital transformation, expanding...

Short-term inflation ticks up 0.49pc WoW, pushing annual rate to 9.66pc

byCT Report
21/08/2026

ISLAMABAD: Pakistan's Sensitive Price Indicator (SPI) recorded a week-on-week increase of 0.49% for the week ending August 20, 2026, driving...

Next Post

CDNS sets annual target of Rs55b in Islamic investment for FY, 2025-26

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.