ASTANA, Kazakhstan, March 29. Trade turnover
between Uzbekistan and Kazakhstan has grown by 14% since the
beginning of the year, with an investment project portfolio now
exceeding $4 billion, Trend reports.
These figures were revealed during an informal meeting between
Presidents Shavkat Mirziyoyev of Uzbekistan and Kassym-Jomart
Tokayev of Kazakhstan in Almaty.
This increase in trade volumes and the substantial portfolio of
joint investment projects underscore the strengthening of
Uzbekistan – Kazakhstan ties, marking significant progress in
strategic partnership and cooperation across various sectors. The
two leaders expressed satisfaction with the high level of
multifaceted cooperation and active contacts at all levels between
the two nations.
During the meeting, the two sides discussed various initiatives
aimed at boosting mutual trade, including cooperation in machinery
manufacturing, electrical engineering, oil and gas, textiles,
agriculture, and other key sectors. Reports were presented by the
deputy PMs of both countries on the measures being taken to enhance
trade and develop collaborative projects among leading enterprises
in these industries.
The presidents also provided directives for the development of a
long-term industrial cooperation program and the acceleration of
regional infrastructure projects. They emphasized the importance of
launching the International Center for Industrial Cooperation this
year and expanding the activities of the joint foreign trade
company.
Further discussions focused on the regional agenda, including
the upcoming Central Asian summits to be held in Uzbekistan in the
coming months. Additionally, the schedule for future bilateral and
multilateral events was reviewed.