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 Minister Anton Alikhanov and Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov met on the sidelines of the "Innoprom-2024" industrial exhibition currently taking place in Yekaterinburg.
"The parties discussed the creation of a joint investment platform, further development of cooperation in the field of retail trade, and the creation of joint industrial parks in Uzbekistan," the trade mission's statement said.
Currently, two joint industrial parks are operational in Uzbekistan, located in the Tashkent and Jizzakh regions. Plans for 2024 include the launch of two additional industrial zones in the Navoiy and Bukhara regions. "Preparations are underway for the construction of infrastructure facilities, and a list of residents is being formed," the press service added.
This initiative marks a significant step in strengthening economic ties between the two nations, fostering investment opportunities, and enhancing industrial cooperation.
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