Kyrgyzstan and Pakistan Can Significantly Increase Trade Volumes

Анна Федорова Economy / Exclusive
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Kyrgyzstan and Pakistan can significantly increase trade volumes

Kyrgyzstan and Pakistan have every chance to significantly increase the volume of mutual trade if effective logistics routes are developed, which will help reduce transportation costs. Experts emphasize that one of the central issues at the upcoming negotiations between Sadyr Japarov and Shahbaz Sharif will be the development of transit corridors.

In 2024, the trade turnover between the two countries amounted to only 16 million dollars, which, by modern standards, seems quite modest. Political scientists note that the potential for trade is significantly higher; however, its development is hindered by the lack of accessible and convenient logistics.

Pakistan is actively interested in agricultural products coming from Kyrgyzstan, including beans, long-storage vegetables, and tanned leather. Simplifying and reducing delivery times could significantly expand the range of goods that can be purchased from Kyrgyzstan. In turn, our country imports rice, textiles, and pharmaceutical products from Pakistan. If businesses, together with the authorities, establish effective communications, this could significantly increase economic cooperation.

Experts are confident that the upcoming negotiations will be focused on achieving concrete results in the area of commodity exchanges, as the economy is an integral part of any international relations.
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