Pakistan-Kyrgyz relations can be milestone in regional, global trade integration: Azhar

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Ambassador of Pakistan to Kyrgyzstan Sardar Az-har Tariq Khan on Sunday said that Promoting bi-lateral trade and economic relations between Paki-stan and Kyrgyzstan could be a milestone in re-gional and global trade integration and connectivity. The geo-strategic position of Pakistan and Kyr-gyzstan also highlights their geo-economic impor-tance, which could play a significant role in promot-ing trade connectivity amongst different regions and potential markets of the world, Ambassador of Paki-stan to Kyrgyzstan Sardar Azhar Tariq Khan told APP here on Sunday.

The ambassador said that due to its geostrategic importance, Pakistan is currently a major player in global and regional trade, bordering the Middle East and South Asian states on the one hand and the global economic power China on the other.

Similarly, Kyrgyzstan, due to its very important geographical location, has a distinctive place among the Central Asian states (CARs).

He said that geographical location of Kyr-gyzstan offers many opportunities for trade with Pakistan as it is the shortest entry point of Pakistani products to the ‘Eurasian Economic Markets’ of 182-million people comprising Russia, Kyrgyzstan, Kazakhstan, Belarus and Armenia.

Sardar Azhar said that goods once exported to Kyrgyzstan can be further transported to the Eura-sian markets without payment of customs duties.

Furthermore, Kyrgyzstan has flourishing con-struction and hoteling industries, he added. Given the strategic location of Kyrgyzstan and its membership of Eurasian Economic Union, a trade delegation may visit Kyrgyzstan to look for new markets for our products, he said.

The Pakistan’s envoy said that many high rising buildings for shopping malls, apartments and hotels are currently being constructed mostly by Turkish firms for which raw material is being imported from other countries. He said that construction material from Pakistan can also be exported. As per figures provided by the host Foreign Office, the trade turnover of the Kyrgyz Republic with Pakistan amounted to US$ 5.9 million in 2021 with Pakistan’s exports amounting to US$ 5.3 mil-lion and imports US$ 0.6 million, he said.

Sardar Azhar said that main items of our exports included, machinery and equipment, products made of non-precious metals, plastic products, leather products and cosmetics.

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