India, Aug. 4 -- India and Uzbekistan should look at the possibility of a free trade agreement and aim to double their bilateral trade over the next three years, Commerce and Industry Minister Piyush Goyal said on Monday. Goyal said huge opportunities are there in enhancing cooperation in areas like mining, pharma, and healthcare.

The two-way commerce stood around $1.5 billion at present. Trade will have to lead from the front to boost economic ties between the two countries, he said, adding that "let's look to double trade in the next three years". He was speaking at the India-Uzbekistan Business Forum meeting here. Goyal also called upon businesses of both sides to invest in each other's economies.

He added that while India is strong ...