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Vietnam to assist Uzbekistan in developing agriculture

Business Materials 24 July 2018 12:34 (UTC +04:00)

Baku, Azerbaijan, July 24

By Fikret Dolukhanov – Trend:

Uzbekistan and Vietnam have signed agreements on cooperation in development of fish, rice, tea and black pepper production, the Foreign Trade Ministry of Uzbekistan stated.

The corresponding agreements were reached upon the 7th meeting of the Uzbek-Vietnamese Intergovernmental Commission on trade, economic and scientific and technical cooperation, held in Tashkent on July 23.

From the Uzbek side, Foreign Trade Minister Jamshid Khodjayev and Uzbek Ambassador to Vietnam with residence in Jakarta Ulugbek Rozukulov took part in the meeting. The Vietnamese side was headed by Deputy Industry and Trade Minister of Vietnam Hoang Quoc Vuong and Vietnamese Ambassador to Uzbekistan Pham Van Phao.

The Foreign Trade Ministry of Uzbekistan noted that the trade turnover between the two countries increased by 16 percent in 2017 and exceeded $33.0 million. In the 1H2018, the volume of mutual trade increased over 2.5-fold and amounted to about $30.0 million.

The parties noted that there is a potential and real possibility for increasing the volume of bilateral trade turnover in 2018 to $100.0 million.

The priority direction of bilateral relations between the countries is further expansion of mutually beneficial foreign economic cooperation. Namely, increasing volumes and expanding range of trade, as well as deepening cooperation in such areas as fish farming and sericulture, cultivation of tea crops and black pepper.

It was earlier reported that Uzbekistan will also study experience of Russia's Tatarstan in fish production for implementation of projects aimed at developing fishing industry within the framework of a newly created free economic zone.

With this purpose, the delegation of Uzbekistan visited the Laishevsky district of Tatarstan, where they got acquainted with the project of the Biosphere-Fish farm.

The project provides for cultivation of 6 million sterlet fry and trout. The project will allow producing 50 tons of fish meat.

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Follow the author on Twitter: @FDolukhanov

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