Peshawar: According to a news story published on July 16, the Uzbekistan Chamber of Commerce and Industry (UCCI) has signed a memorandum of understanding (MoU) with the Sarhad Chamber of Commerce and Industry (SCCI) to strengthen commercial and economic cooperation between the two nations.

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SCCI President Sherbaz Bilour and UCCI President UlugBeg signed the accord in Uzbekistan. A high-level business delegation from Khyber Pakhtunkhwa is now visiting the Central Asian Republic, according to sources.

SCCI and UCCI will collaborate to increase commerce between the two nations and foster collaborations and investments between the two business groups, according to the newly signed MoU.

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During his speech, President SCCI Bilour underlined the importance of improving trade links with Central Asian republics in order to help stabilize economies and provide investment possibilities that will create jobs. He expressed the expectation that the signing of agreements in a number of industrial areas would usher the countries into a new era of collaboration and assistance.

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