Baku, Azerbaijan, Jan. 30
By Nigar Guliyeva – Trend:
An agreement on establishing mutual cooperation on the production of medicines was signed in Andijan region of Uzbekistan during a meeting of the regional governor with the general director of the Medsintez plant (Russian Federation), Uzbek media reported.
The sides discussed a number of issues, such as the establishment of the Dialysis Center in Andijan and construction of a factory for the production of infusion solutions, insulin, solid and liquid medicines.
Russian investors got acquainted with the existing facilities proposed for the project.
The trade turnover between Russia and Uzbekistan grew by 25.1 percent from January to October 2017 and amounted to $2.8 billion.
Furthermore, in physical terms, the volume of trade increased by 6.3 percent - from 3.6 million tons to 3.8 million tons.
A significant contribution to the development of trade between countries in 2017 was made by the intensification of Russian-Uzbek cooperation at the regional level. During the year, 24 business missions took place, in which representatives of about 200 Russian companies from 30 regions of Russia took part.
In the next two years, Russia and Uzbekistan plan to bring the trade turnover up to $ 10 billion.