BAKU, Azerbaijan, Dec. 26
By Fakhri Vakilov-Trend:
Uzbekistan and Russia plan to implement projects worth $25 billion, as was announced during the round of the Uzbek-Russian inter-MFA political consultations held in Moscow, Trend reports citing the press service of Uzbekistan’s Ministry of Foreign Affairs.
The delegation of Uzbekistan was led by First Deputy Foreign Minister Ilkhom Nematov. Russia was represented by a delegation led by Deputy Foreign Minister Andrei Rudenko.
"The parties thoroughly discussed the state and prospects of bilateral cooperation in the political, trade, economic, investment, scientific, educational, cultural, humanitarian and other fields. The parties are monitoring the implementation of bilateral agreements in the trade, economic and investment field for 2019-2024 for a total the amount of $25 billion," the press service of the foreign ministry said.
During the consultations, the parties exchanged views on the organizational aspects of the upcoming bilateral events in Tashkent in 2020, including meetings of the Joint Commission at the level of heads of government and the Intergovernmental Commission on Economic Cooperation. Other relevant issues of the Uzbek-Russian agenda were discussed at the meeting.
As emphasized, the priority in strengthening strategic partnership is the expansion of mutually beneficial trade and economic cooperation. Over the past two years, its volume has grown 1.5 times.
From January through November this year, the bilateral trade amounted to $5.8 billion, which is 14.1 percent higher than the same period last year.
Since the beginning of the year, 130 mutual visits of various delegations of an economic nature have been organized.
In this context, great importance is attached to the development of ties between the regions of the two countries. The regions of Uzbekistan have established productive relations with 70 subjects of Russia.
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