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Alexei Overchuk’s working meeting with Deputy Prime Minister, Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov

A working meeting was held between Deputy Prime
Minister of the Russian Federation Alexei Overchuk, and Deputy Prime Minister
and Minister of Investments and Foreign Trade of the Republic of Uzbekistan
Sardor Umurzakov.

The parties discussed current issues of trade and
economic cooperation and noted the intensive development of interaction between
the Russian Federation and the Republic of Uzbekistan.

“Our interaction in bilateral and multilateral formats
is developing very strongly. In 2020, Uzbekistan chaired the CIS for the first
time, and during the year a number of documents were adopted to determine the
development of the Commonwealth for the next decade, including the CIS Economic
Development Strategy up to 2030. Uzbekistan’s joining the EAEU as an observer state
was also a significant event. Together we have done a great job, the obvious
result of which is the growth of trade between Russia and Uzbekistan. Last year
we managed to increase mutual trade by 15.6 percent. Taking into account the increasing
pace, I am sure that the goal set by the presidents of our countries to achieve
$10 billion in trade is feasible,” said Alexei Overchuk.

During the meeting, the Russian side expressed appreciation
for the measures taken by Uzbekistan’s leadership to create comfortable
conditions for Russian investors. Currently, over 2,100 enterprises with
Russian capital operate in the republic, and accumulated Russian investment in Uzbekistan’s
economy is estimated at $10 billion.

Alexei Overchuk and Sardor Umurzakov discussed
preparations for bilateral events at the highest level. Particular attention
was paid to the upcoming holding of the second meeting of the Russia-Uzbekistan
Joint Commission at the level of heads of government.

Both parties confirmed their readiness for further
constructive dialogue between the countries in all areas of interaction.

Source

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