Uzbekistan - Turkmenistan: investment, trade and industrial cooperation discussed
04/08/2021 15:47
Uzbekistan - Turkmenistan: investment, trade and industrial cooperation discussed
04/08/2021 15:47
Tashkent, Uzbekistan (UzDaily.com) - Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov, being in Turkmenistan within the framework of the visit of the government delegation of Uzbekistan, held a meeting with Deputy Chairman of the Cabinet of Ministers of Turkmenistan Chary Gylydzhov.
During a constructive dialogue, the parties discussed topical issues of bilateral cooperation and exchanged views on the prospects for its expansion.
It was noted that the interaction of Uzbekistan and Turkmenistan, thanks to the efforts of the Heads of the two states, was brought to the level of strategic partnership and is currently developing dynamically despite the pandemic and recession in the world economy caused by the imposed quarantine restrictions.
Promising directions for deepening economic partnership were considered. It was noted that over the past 3 years, the volume of mutual trade has increased 3 times, and in the period from January to June of this year, the growth in trade amounted to 9 percent in relation to the same period last year. Mutual readiness to implement joint practical measures to intensify mutual trade was voiced.
Special attention was paid to the prospects for the development of industrial cooperation. An agreement was reached on the development of joint projects for the deep processing of agricultural and fruit and vegetable products, the organization of the production of finished textile, leather, footwear and pharmaceutical products, household and agricultural equipment. In this context, the parties also agreed to develop and approve a "Road Map" to deepen industrial cooperation, indicating specific projects and partners from both countries.
In addition, during the meeting, issues of strengthening interregional cooperation, in particular, between Bukhara region and Lebap velayat, as well as Khorezm region and Dashoguz velayat were discussed. The prospects for holding joint events with the organization of bilateral negotiations between enterprises of the regions of the two countries were discussed.
As a result of the meeting, an agreement was reached on the creation of a joint working group to study and agree on issues of increasing the volume of mutual trade.
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