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Uzbek-Polish turnover to reach $150 mln

Business Materials 29 December 2011 16:44 (UTC +04:00)

Uzbekistan, Tashkent, Dec. 29 / Trend D. Azizov /

As of 2011, the Uzbek-Polish trade turnover will amount to over $ 150 million compared to 129 million a year earlier, First Counsellor, the head of the Trade and Investment Promotion Department of the Polish Embassy in Uzbekistan, Slawomir Stshalkovski told Trend.

He said that the bilateral trade exceeded $131 million within 10 months of this year. The volume of Polish exports amounted to about $92 million or 1.5 times more than in 2010.

The export share of machinery and equipment hit 23 percent. About 10 percent of its exports falls to the vehicles, their components and equipment. The share of supplying the furniture and other wood products increased up to 5.6 percent. The supply of food to Uzbekistan decreased by over 4 per cent of total export volume, the diplomat said.

He said that the positive changes take place in the nomenclature of Uzbek goods imported in Poland. The volumes of food, alcoholic and soft drinks supplies from Uzbekistan to Poland increased to 3 percent this year, the supply of chemical products increased from 26 to nearly 34 percent, the volumes of mineral products hit about 45 percent, textile materials and products - about 18 percent.

All this reflects the Polish entrepreneurs' growing interest in the products from Uzbekistan, the increased capacity of Uzbek goods on external market.

He stressed the ongoing process of establishing the joint ventures and facilities among other significant features of the Polish business's interest in Uzbekistan.

"2011 was the year of active mutual dialogue, expansion of cooperation and increase in trade exchange for the Polish-Uzbek trade and economic relations," he said. "This will continue in 2012."

The Polish business mission plans to visit Uzbekistan in autumn 2012. The representatives of several major Polish companies plan to visit Uzbekistan to conduct the presentations, meetings and negotiations.

The fifth meeting of the Intergovernmental Commission on Economic Cooperation, to be held in Warsaw, will be a key event in the foreign economic relations between Uzbekistan and Poland in 2012, he said.

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