ISLAMABAD, June 19. /Dunyo IA/.   Mubin Taslim, Commercial Director of the Pakistani company “City2sky”, who is participating in the 5^th Tashkent International Investment Forum in the capital of Uzbekistan, shared his insights regarding the forum with Dunyo Information Agency:

-  I am delighted to have the opportunity to participate in the Tashkent International Investment Forum, which is now convening for its fifth consecutive session. I would like to place special emphasis on the fact that this prestigious venue has emerged not only as one of the most vital investment platforms in Central Asia, but also as an effective space for dialogue that successfully unites diverse nations, global financial institutions and the international business community.

The address delivered by the President of Uzbekistan, Shavkat Mirziyoyev, at the plenary session of the forum made a profound impression on me. In his speech, the Head of State underscored that despite the highly complex situation currently facing the global economy, Uzbekistan will steadfastly continue to pursue an open and pragmatic economic policy.

The firm position articulated by the President regarding the absolute state guarantee of investor rights and interests has emerged as a crucial factor of trust for representatives of international business.

Furthermore, accelerating the process of Uzbekistan’s accession to the World Trade Organization and the ongoing efforts to align national legislation with international standards will undoubtedly contribute to the further enhancement of the business climate.

In his address, the President dedicated particular attention to the development of the “green” economy, renewable energy sources, innovations, and digital technologies. This opens up clear new horizons for the implementation of high-value-added projects in the future.

It should be noted that the wide-ranging economic reforms implemented in Uzbekistan in recent years are increasingly capturing the attention of international investors. In particular, the comprehensive efforts pursued by the country’s leadership toward shaping an open economy, reducing state intervention, supporting the private sector, and cultivating highly favorable conditions for international commerce deserve great commendation.

As a company operating within the logistics sector in Uzbekistan, stability and transparency in the investment environment represent pivotal factors for us. The liberalization of foreign exchange regulations, the simplification of the tax framework, the digitalization of public services, as well as the streamlining of licensing and permitting procedures, have collectively unlocked fresh horizons for foreign investors. Furthermore, the systematic reinforcement of the legal foundation safeguarding investor rights and interests significantly elevates confidence in conducting business here.

In my view, the geostrategic location of Uzbekistan creates significant opportunities for transforming the country into one of the key economic and logistics hubs of the region. The nation’s role as a bridge linking Central and South Asia, its concerted efforts toward developing transport corridors, and its immense potential within the sectors of energy, industry, agriculture, the digital economy, and tourism are eliciting great interest among Pakistan’s business community.

Particular note should be taken of the expanding economic cooperation between Pakistan and Uzbekistan. The firm political will demonstrated by the leadership of both nations regarding the increase of mutual trade volume and the development of new transportation routes establishes a solid foundation for business.

In conclusion, it can be stated that the 5th Tashkent International Investment Forum has established itself as an essential international platform, vividly demonstrating Uzbekistan's economic policy rooted in openness, cooperation and mutually beneficial partnership.