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Afghanistan is important for Uzbekistan to enter new markets

Business Materials 26 August 2019 13:29 (UTC +04:00)

Baku, Azerbaijan, Aug 26

By Fakhri Vakilov -Trend:

Minister of Foreign Affairs of Uzbekistan Abdulaziz Kamilov made a report at the Senate of Parliament on the importance of projects in Afghanistan and diversification of transport communications on August 24, Trend reports citing the press service of the ministry.

Kamilov said that the participation of Kabul in the transport projects of Uzbekistan will contribute to the diversifying of logistics routes and benefit the strengthening of economic security of the country.

The Minister emphasized that new routes not only guarantee the stable commodity circulation, but also provide access to new markets. Afghanistan is also considered as such route, as there are wealthy investors there. In addition, the onset of peace in this state opens up the possibility for Tashkent to establish large deliveries of necessary goods for the restoration of the country, he said.

Uzbekistan has recently taken measures to intensify relations with Afghanistan in the political, trade, economic, cultural and humanitarian spheres. At the end of January 2017, during the visit of the delegation of Uzbekistan to Kabul, the parties signed a “road map” to increase trade turnover to $1.5 billion.

In December of the same year, during the visit of President of Afghanistan Ashraf Ghani to Tashkent, the sides signed more than 40 contracts for the supply of products of enterprises and companies of Uzbekistan to Afghanistan for a total amount of over $500 million.

Furthermore, the governments of the two countries signed an agreement on the construction of the Mazar-i-Sharif-Shibergan-Maiman-Herat railway and the Surkhan-Puli Khumri power transmission line for stable power supply to Kabul.

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