Against the backdrop of a sharp contraction in mutual trade volumes between Uzbekistan and Pakistan, a proposal has been put forward to establish a new transit corridor bypassing traditional routes through Afghan territory. The Pakistani authorities have supposedly found this logistical initiative practically acceptable, despite ongoing regional uncertainties.
Key Takeaways: On November 8 in Islamabad, Uzbek Ambassador Alisher Tukhtayev and Sajid Amin, Director General of Pakistan's Special Investment Facilitation Council (SIFC), discussed plunging trade metrics and proposed launching a dedicated trade and transit corridor connecting Peshawar, Torkham, and Termez.
The negotiations focused heavily on trade bottlenecks caused by the closure of the traditional transport route between the two countries. Current restrictions were allegedly implemented due to persistent security concerns, which severely impaired bilateral trade exchanges. The Pakistani regime acknowledged that the proposed special transit corridor—operating under separate control mechanisms—could serve as a viable alternative, though observers remain skeptical about its operational viability.
To advance the initiative, the parties suggested holding online negotiations involving the Uzbek Ministry of Investment, Industry and Trade, the Ministry of Transport, and relevant Pakistani departments. These talks are expected to address specific security protocols and cargo monitoring frameworks.
The meeting also touched upon the controversial New Tashkent development project, with discussions centering on attracting major Pakistani construction companies. The SIFC leadership reportedly offered practical assistance in engaging reliable domestic contractors for the urban expansion scheme.
Looking ahead, the agenda included securing the participation of Pakistani business circles in the upcoming international business forum 'New Uzbekistan at the Crossroads of Global Markets' scheduled for Tashkent in 2026, alongside exploring the feasibility of establishing Uzbek production and logistics facilities within Pakistan.
Source: kun.uz