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Kazakhstan boosts import of cars from Uzbekistan

Business Materials 25 August 2020 16:28 (UTC +04:00)
Kazakhstan boosts import of cars from Uzbekistan

BAKU, Azerbaijan, Aug. 25

By Ilkin Seyfaddini – Trend:

Kazakhstan increased the import of cars from Uzbekistan by 7.5 times in the first half of 2020, Trend reports with reference to the data of Kazakh LS News Agency.

The total imports from Uzbekistan to Kazakhstan in the first half of 2020 reached $384.8 million, having increased by 4.8 percent compared to the first half of 2019.

In addition to cars, the neighboring country also supplies vegetables, fruits, natural gas, clothing, zinc, fertilizers, glassware, etc.

Uzbek enterprises produced 168,710 passenger cars in the period from January through July 2020.

General Motors Uzbekistan JSC, with a production capacity of 250,000 cars per year, was established in 2008 based on Uzbek-Korean joint venture UzDaewoAuto, which came under the control of American General Motors, after the bankruptcy of Daewoo Corporation.

In May 2019, the board of Uzavtosanoat JSC, which owns the majority of car manufacturing enterprises in Uzbekistan, renamed General Motors Uzbekistan JSC into Uzavtomotors JSC.

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