Uzbekistan-Russia trade expanded by $500mn to $9.8bn in 2023, says consul general

By bne IntelliNews February 1, 2024

Uzbekistan's trade with Russia stood at $9.8bn in 2023, according to Burkhan Alikulov, Consul General of Uzbekistan in Rostov-on-Don in southern Russia.

Turnover showed a $500mn increase on the 2022 outcome of $9.3bn. Russia is Uzbekistan’s second largest trading partner, behind China.

At a reception for diplomatic and consular heads in the Rostov region, Alikulov said: "If we pay attention to the relations between Uzbekistan and the Russian Federation, we observe growth every year. If at the end of 2022, trade turnover between Uzbekistan and the Russian Federation was $9.3bn, then at the end of 2023, this figure was $9.8bn. We can observe growth."

Alikulov also mentioned cooperation seen between Uzbekistan and Rostov region. He noted the three visits paid by Rostov region representatives to Uzbekistan last year.

"We have a legal basis; an agreement between Jizzakh region and Rostov region on interregional cooperation has been signed," said Alikulov.

Alikulov also referred to a tourism project with Rostov-on-Don aimed at bringing more Uzbek tourists to Russia and sending more Russian tourists to Uzbekistan.

Alikulov stated: "I believe that this year we will manage to complete the project on the exchanges of tourist operators to increase tourist flows between our two countries."

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