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Pakistan, Uzbekistan agree to strengthen bilateral relations

05:25 PM | 23 Dec, 2016
Pakistan, Uzbekistan agree to strengthen bilateral relations
ISLAMABAD – Uzbekistan Deputy Prime Minister Ulugbek Rozikulov called on Prime Minister Muhammad Nawaz Sharif at PM House today where both high ups agreed to exploit business and trade opportunities between the two countries.

Welcoming the visiting delegation to Pakistan, the Prime Minister expressed the confidence that the visit will contribute towards enhancing the bilateral relations between Pakistan and Uzbekistan. He also conveyed his heartiest felicitations to Shavkat Mirziyoyev on his election as the President of the Republic of Uzbekistan.

Nawaz Sharif said that Pakistan cherished its close, friendly and fraternal relations with Uzbekistan as both the countries are bound by strong commonalities of history, faith and culture. “We wish to take our bilateral relations to new heights based on mutually beneficial cooperation. Pakistan is keen to further expand ties in all fields, particularly economic and energy cooperation, connectivity and human resource development,” said the premier.

He also emphasised that both the countries need to make efforts to enhance cooperation in the economic and commercial fields and fully exploit the huge potential for mutual trade. He said that Uzbekistan's impressive annual economic growth and rich energy resources, and Pakistan's large industrial and agricultural base provide an ideal environment for expansion of trade and commercial cooperation between the two countries.

He proposed that both countries work together for making appropriate reforms in trade policies to facilitate trade, investment and free flow of goods and services between Pakistan and Uzbekistan. “Both countries need to formulate a joint integrated strategy to exploit the potential of trade in the region, especially in view of China- Pakistan Economic Corridor. We need to establish Pakistan-Uzbekistan Joint Business Council and revive the Joint Commission. Pakistan also awaits to see Uzbekistan joining CPEC’ and taking benefits from Gawadar port,” underlined the Prime Minister.

He welcomed the concrete proposals from Uzbekistan for collaboration in the field of agricultural machinery, which are presently under consideration at the Ministry of Commerce and Ministry of National Food Security.

“On behalf of the people, Government and on my own behalf, I express our sincere condolence on the sad demise of late President Islam Karimov. The visionary leadership of President Islam Karimov had been a source of continuity, stability and strength for Uzbekistan,” concluded the Prime Minister.

Ulugbek Rozikulov thanked the Prime Minister for the warm welcome extended to the visiting delegation in Pakistan.  He said that all necessary steps would be taken to explore and exploit the huge business and trade opportunities between the two countries. The Deputy Prime Minister of Uzbekistan extended an invitation to the Prime Minister on behalf of Uzbek President to visit Uzbekistan. The Prime Minister accepted the invitation.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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