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Uzbekistan plans to increase trade turnover with Azerbaijan - minister of investments

Economy Materials 21 May 2024 13:51 (UTC +04:00)
Uzbekistan plans to increase trade turnover with Azerbaijan - minister of investments
Aydan Alasgarli
Aydan Alasgarli
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GUBA, Azerbaijan, May 21. Uzbekistan plans to increase trade turnover with Azerbaijan, Uzbek Minister of Investment, Industry and Trade Laziz Kudratov told reporters during the 2nd Azerbaijan-Uzbekistan Interregional Forum in Guba, Trend reports.

"Azerbaijan-Uzbekistan cooperative ventures are being created to increase trade turnover. Textiles, silk, agriculture, household appliances, and construction materials are among these undertakings," he said.

Kudratov noted that Uzbekistan is also planning to increase its imports of polymer products from Azerbaijan.

"Additionally, there is significant growth in cargo traffic through Azerbaijan, with Uzbekistan aiming to transport at least one million tons of cargo through the country," he added.

To note, trade turnover between Azerbaijan and Uzbekistan from January through March 2024 totaled $142 million.

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