ISLAMABAD, November 11. /Dunyo IA/.   With the assistance of the Embassy of Uzbekistan, a business mission of Pakistani investors Muhammad Faisal Ikramullah and Aziz-ur-Rehman Khan to Karakalpakstan has been organized, reports Dunyo IA correspondent.

Main purpose of the visit was to expand trade and economic cooperation between Uzbekistan and Pakistan, attract foreign investment into the regions, and develop joint entrepreneurial initiatives.

During the trip, representatives of the Pakistani business community became acquainted with the economic and investment potential of Karakalpakstan. The foreign investors were received by Chairman of the Council of Ministers of the Republic Farkhod Ermanov.

At the meeting, the parties discussed the development of animal husbandry, attraction of foreign capital into agriculture, launch of new production and logistics projects, as well as the expansion of mutually beneficial cooperation.

In particular, the possibility of the phased implementation of an investment program with the participation of Pakistani investors with a total value of $500,000 was considered. The participants in the negotiations exchanged views on promising areas of projects, the region's available resources, and practical mechanisms for interaction.

Special attention was paid to organizing supplies of frozen halal beef from Pakistan to Karakalpakstan. Issues of delivery, storage, and distribution of products were discussed with local importers and potential partners.

Delegation also visited cold storage facilities in Nukus. Among the initiatives under consideration are the establishment of a cold storage facility with a capacity of 100 tons and the utilization of the “green corridor” capabilities at Nukus International Airport to simplify supply logistics.

In addition, the parties discussed the launch of a pilot project. For its implementation, it is planned to explore opportunities for allocating pastures and land plots, forming a forage base and organizing veterinary services.

Following the negotiations, an agreement was reached to intensify practical work on promising initiatives and accelerate the preparation of joint projects.

Current business mission is a continuation of the agreements reached during the visit of the delegation of Karakalpakstan to Pakistan on June 30^th – July 4^th of this year. At that time, the regional delegation, headed by Farkhod Ermanov, held negotiations with leading Pakistani investors on joint projects in agriculture, animal husbandry and other sectors.