Uzbekistan, Tashkent, March 30 / Trend D.Azizov /
Today, Tashkent hosts the 12th session of the Russia-Uzbekistan intergovernmental economic cooperation commission.
"Despite the inherent difficulties associated with the global crisis, Uzbekistan still occupies a leading position (fourth) on trade with Russia among the CIS countries," Deputy Prime Minister Sergei Ivanov said at the opening of the meeting.
The meeting will mainly focus on issues concerning fuel and energy complex, industry and transport, he added.
He said Uzbekistan's share in Russia's foreign trade turnover was about 20 percent in 2009.
"I am confident that our potential will be realized more effectively, if we quickly find solutions to problems," he added.
Uzbek Prime Minister Shavkat Mirziev noted that Russia is a major trading partner of Uzbekistan, and trade turnover between the countries amounted to more than $4.5 billion in 2009.
"The countries have managed to maintain the momentum of economic cooperation in the difficult conditions of the global crisis," the minister added.
Presently, about 800 companies with Russian capital operate in Uzbekistan and the dynamics of growth of Russian companies has increased especially in the last three years, he said.
At the same time the level of trade and economic cooperation "still does not match the capabilities that our countries have," he said.
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