Uzbekistan proposes free trade and fast border movement to EEU

By bne IntelIiNews February 5, 2024

In a move aimed at enhancing trade efficiency, Uzbekistan has called on the Moscow-led Eurasian Economic Union (EEU) to engage in talks to implement green corridors and promote free trade in agricultural goods, TASS has reported.

Prime Minister Abdulla Aripov of Uzbekistan suggested consultations between relevant ministers to establish specific measures. "We propose to hold consultations at the level of our relevant ministers with the development of specific measures to ensure the full functioning of green corridors and free trade in agricultural products without the use of tariff and non-tariff restrictions," he said during the Eurasian Intergovernmental Council meeting on February 2.

Aripov further emphasised the importance of adopting modern technological solutions to streamline the movement of goods and vehicles across borders. "In order to create conditions for the accelerated movement of goods across our customs borders, we propose to develop an agreement between Uzbekistan and the EEU on the electronic exchange of information on goods and vehicles of international transport," he explained.

The EEU consists of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, with Uzbekistan as an observer state. The union aims to facilitate economic integration and cooperation among its member states.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Uzbekistan posts first-half GDP growth of 6.4%

Uzbekistan's economy grew at a rate of 6.4% in the first half, according to offical statistics. The GDP growth was discussed in a meeting focused on economic sectors led by ... more

Uzbekistan, Russia to develop mutual trade, create joint industrial parks

Uzbekistan and Russia have announced plans to further develop mutual trade and create joint industrial parks, according to the Russian trade mission in Uzbekistan. Russian Industry and Trade ... more

Uzbek officials visit Uzbek-Iranian joint venture for $274mn petrochemical project in Bukhara district

Officials from the Chamber of Commerce and Industry of Uzbekistan (CCI) and the Bukhara regional administration recently visited the Petrochem Sepehr joint venture.  The venture, ... more

Follow Us On

Most Read

  1. Dubai heatwave: Temperature feels like 62°C as scientists explain extreme conditions
    9 days ago
  2. Six out of nine “planetary boundaries” have been crossed and a tenth has appeared
    2 days ago
  3. How energy intensive are data centers?
    2 days ago
  4. Earth records hottest year since records began
    2 days ago
  5. Plants absorbing less carbon dioxide in 2023, accelerating global warming
    1 day ago
  1. Dubai heatwave: Temperature feels like 62°C as scientists explain extreme conditions
    9 days ago
  2. Russia overtakes Japan to become the fourth largest economy in the world in PPP terms
    1 month ago
  3. Global access to energy starts to fall for the first time in a decade, says IEA
    25 days ago
  4. LONG READ: The war in Ukraine is inching towards a ceasefire as pressures mount
    19 days ago
  5. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    3 months ago

Reports

Dismiss