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.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Articles
Eurasian Development Bank receives first-time Ag credit rating from CCXAP
The Eurasian Development Bank (EDB) has received a first-time long-term credit rating of 'Ag' from Hong Kong-based China Chengxin Credit Ratings Company (CCXAP), with a stable ... more
Uzbekistan's Mirziyoyev heads to Minsk as Lukashenko widens his diplomatic circle
Shavkat Mirziyoyev, Uzbekistan's president, began a two-day official visit to Belarus on July 7 at the invitation of Alexander Lukashenko, in the latest sign of Minsk's push to broaden its ... more
Net income at Freedom Holding Corp more than doubles in fiscal 2026
Freedom Holding Corp (Nasdaq: FRHC) slightly more than doubled its net income to $153.3mn in its fiscal year to March 31 from from $76.2mn in the previous fiscal 12 months, the international ... more