Uzbekistan, Russia eye increasing trade turnover to $10B
Baku, Azerbaijan, Oct. 19
Uzbekistan and Russia plan to increase the commodity turnover to $6 billion in 2019 and to $10 billion in the following years, Uzbek media reported.
President of Uzbekistan Shavkat Mirziyoyev and President of Russia Vladimir Putin held negotiations in an expanded format with participation of members of delegations. They focused on the practical aspects of the development of trade, economic and investment cooperation.
The sides discussed increasing the volume and diversity of the commodity turnover, development of cooperation of industrial enterprises, and strengthening of cooperation in transportation and energy.
"In September, a meeting of the Intergovernmental Commission, chaired by the heads of government, was successfully held. Cooperation between regions is developing. Big investment projects are being implemented jointly with leading Russian companies and banks. This year, according to our estimates, the trade turnover will reach $6 billion. This figure exceeds our plans. The task for the coming years is $10 billion," Mirziyoyev said.