BAKU, Azerbaijan, Sept. 15
By Klavdiya Romakayeva - Trend:
The approval of the draft agreement on the establishment and regulation of the activities of the Uzbek-Turkmen border trade zone will soon be completed, Trend reports referring to the press service of the Ministry of Investment and Foreign Trade of Uzbekistan.
The mentioned issue was discussed by Deputy Prime Minister - Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov and Deputy Chairman of the Cabinet of Ministers of Turkmenistan Esenmyrad Orazgeldyev during the 16th meeting of the Uzbek-Turkmen Intergovernmental Commission on trade-economic, scientific-technical and cultural-humanitarian cooperation held in Tashkent.
It was noted at the meeting that 160 enterprises with the participation of Turkmen capital operate in Uzbekistan.
In addition, the volume of trade between the two countries in the first half of this year increased by 20 percent compared to the same period last year.
Also, during the meeting, further joint actions were planned to promote mutual trade - the parties expressed their readiness to implement practical measures to ensure stable supplies of Uzbek and Turkmen products to the markets of the two countries and to bring the volume of Uzbek-Turkmen trade to $1 billion in the near future.
It was also noted that in the near future, the approval of the draft Agreement on the creation and regulation of the activities of the Uzbek-Turkmen border trade zone will be completed.
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