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.

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