Prospects to diversify trade and expand investment cooperation were discussed by the representatives of the six countries – Kazakhstan, the US, Uzbekistan, Kyrgyzstan, Turkmenistan and Tajikistan – within TIFA.
Pakistan is looking to intensify trade with neighbor Afghanistan and countries in Central Asia, as it looks to diversify commerce beyond the top players, the nation’s trade adviser said.
Trade officials in the meeting of the US-Central Asia Trade and Investment Framework Agreement (TIFA) discussed the importance of digital trade for achieving broad-based inclusive economic growth and innovation.
Experts are calling on their governments to strengthen oversight of Belt and Road Initiative projects as anger rises over their environmental and social impacts.
Uzbekistan might join the free trade zone of the Commonwealth of Independent States by the end of May 2013, Director of the First Department of the CIS States of the Russian Foreign Ministry told reporters on 29 January before the start of ministerial consultations in the CIS Executive Committee, BelTA has learnt.
Tajikistan and Switzerland have signed a government-to-government agreement on trade and economic cooperation, according to the Ministry of Economic Development and Trade.
Pakistan and Tajikistan will enter a preferential trade agreement (PTA) soon and Islamabad has already sent proposals to Dushanbe, sources said on Sunday.
U.S. Trade Representative Robert B. Zoellick and representatives from the five Central Asian countries, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, signed a Trade and Investment Framework Agreement (TIFA) today that will provide a forum to address trade issues and will help enhance trade and investment between the United States and Central Asia.