Russia and Uzbekistan to accelerate implementation of bilateral agreements

Uzbekistan Materials 2 February 2022 11:48 (UTC +04:00)
Russia and Uzbekistan to accelerate implementation of bilateral agreements

BAKU, Azerbaijan, Feb.2

By Natavan Rzayeva - Trend:

Russia and Uzbekistan aim to accelerate implementation of bilateral agreements, Trend reports via the Uzbek Ministry of Investments and Foreign Trade.

The parties will develop new areas of investment cooperation in such promising industries as metallurgy, mechanical engineering and the chemical industry. It was agreed that they will speed up the consideration of projects under development, as well as develop and approve individual Roadmaps for their high-quality and timely implementation, including specific mechanisms and deadlines for their implementation.

In this regard, a meeting was held in Moscow (Russia) between the Deputy Prime Minister - Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov and the Minister of Industry and Trade of Russia Denis Manturov.

During the meeting, a wide range of issues of bilateral cooperation in the investment, industrial, trade and economic spheres was discussed.

Special attention was paid to the issues of interaction in the pharmaceutical industry. An agreement was reached to intensify joint work in this direction with the involvement of relevant ministries and scientific and medical centers of the two countries.

Further steps have been outlined to deepen cooperation between the regions of Russia and Uzbekistan, bearing in mind, first of all, the expansion of partnership in the investment and trade, and economic spheres.

In 2022, it is planned to organize business missions of the leaders of all 14 regions of Uzbekistan in 42 constituent entities of Russia, as well as to conduct regular online negotiations in order to develop proposals for the implementation of new investment projects and trade agreements.


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