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Business

PHMA Sialkot holds meeting with Uzbek official

PHMA Sialkot holds meeting with Uzbek official
SIALKOT, Oct 15 (APP): The Pakistan Hosiery Manufacturers and Exporters Association (PHMA), Sialkot, held a meeting with Shakhzod Bakhtiyarov, Deputy Head of the Department of Investment at Uzbekistan’s Agency for the Development of Light Industry, at PHMA office on Thursday.
During the visit, a productive meeting was held to discuss opportunities for expanding bilateral trade, promoting technology exchange, and exploring investment avenues between Pakistan and Uzbekistan, particularly in the hosiery, knitwear, and textile sectors.
A key focus of the discussions was the establishment of joint ventures between businesses in the two countries to encourage cross-border investment, strengthen industrial cooperation, and create new opportunities for business communities.
The meeting highlighted the potential for closer economic ties between Pakistan and Uzbekistan through mutual investment, technology collaboration, and expanded trade relations in the textile and light manufacturing industries.
The engagement marked a step towards strengthening business-to-business relations and exploring new avenues for cooperation between the two countries.

Source: APP (Associated Press of Pakistan)