Ukrainian FM plans to discuss energy cooperation in Uzbekistan
Uzbekistan, Tashkent, Feb.1/ Trend, D. Azizov /
Ukrainian Foreign Minister Konstantin Grishenko will visit Uzbekistan on Feb.5-6, Uzbek media outlets report with reference to Ukrainian sources.
During the negotiations with the Uzbek leadership Grishenko plans to discuss energy cooperation, as Uzbekistan has great volumes of energy resources.
According to the State Statistics Committee of Uzbekistan, trade turnover between Uzbekistan and Ukraine amounted to $552.6 million in 2010, which enabled Ukraine to rank third among the CIS countries in terms of trade turnover. According to preliminary data, in 2011 the trade turnover between Ukraine and Uzbekistan amounted to about $900 million.
Ukraine imports mineral fertilizers, vehicles, cotton and textile products, nonferrous metals, chemical products, fruits and other products from Uzbekistan. In turn, Uzbekistan imports pharmaceutical products, ferrous metals, food products, engineering products, construction materials, paper and agricultural products from Ukraine.
As it was reported on Jan.23, 2012, Ukraine cancelled quotas on car imports from Uzbekistan, introduced in October 2011. Refusal from the restrictive measures is associated with resolving issues regarding sales of Ukrainian cars in Uzbekistan, which according to the parties' expectations will help increase bilateral trade turnover.
Over 50 enterprises with participation of the Ukrainian capital operate in Uzbekistan, most of which operates in the pharmaceutical and chemical industries. At the same time the Uzbek business's interest in Ukraine is growing, where 36 joint ventures operate.