TASHKENT, Uzbekistan, August 8. A business meeting was held between the Uzbek association O‘zeltexsanoat and the Russian company Vostok Distribution during a working visit, thanks to the backing of the Embassy of Uzbekistan in Russia and the Uzbek Trade Representation, Trend reports.
During the negotiations, both parties discussed the delivery of Uzbek-made products to the Russian market, laid their cards on the table regarding plans to gradually ramp up export volumes, and pinpointed promising avenues for future collaboration.
Both parties articulated their dedication to forging synergistic
alliances, underscoring that this engagement offers a significant
avenue to enhance bilateral commerce and economic
interdependencies.
Concurrently, the bilateral trade volume between Uzbekistan and
Russia experienced a growth trajectory of 5.2 percent, exceeding
the $10 billion threshold by the conclusion of the previous fiscal
year. Significant escalations were documented in the bilateral
trade dynamics, specifically reflecting a surge in Russian export
volumes to Uzbekistan alongside a corresponding uptick in Uzbek
import activities from Russia.
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