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Uzbekistan, Tajikistan eye to increase turnover

Business Materials 29 September 2020 17:51 (UTC +04:00)
Uzbekistan, Tajikistan eye to increase turnover

BAKU, Azerbaijan, Sept. 29

By Klavdiya Romakayeva - Trend:

Despite COVID-19, bilateral trade between Uzbekistan and Tajikistan increased by 4.3 percent, Trend reports with reference to Uzbek news agency.

Prime Minister of Uzbekistan Abdulla Aripov arrived in the capital of Tajikistan to participate in the 7th meeting of the Intergovernmental Commission on Trade and Economic Cooperation.

During a meeting with the Prime Minister of Tajikistan Kokhir Rasulzadeh and Abdulla Aripov spoke about the need to increase mutual trade with Tajikistan to $1 billion.

During the meeting, it was noted that the volume of bilateral trade has increased 2.4 times over the past three years. Despite the pandemic, bilateral trade increased by 4.3 percent and amounted to $317 million.

“Bilateral trade does not match the potential of our countries. In the coming years, we will need to increase it to $1 billion. We have every opportunity for this, since we have large unused reserves,” said Aripov.

Following the meeting, the protocol of the 7th meeting of the Intergovernmental Commission on Trade and Economic Cooperation was signed.

The parties also discussed the opening of borders and the resumption of flights between the two states.

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