05 September 2022

Prospects for multifaceted cooperation with the Russian Federation were discussed

On September 1-2 this year, as part of the visit of the government delegation of Uzbekistan to the Russian Federation, Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan Jamshid Khodjaev held a series of meetings and negotiations with members of the Government of the Russian Federation, during which the current state and development prospects were discussed bilateral trade, economic and investment cooperation, as well as deepening cooperation in the fields of transport and agriculture, the press service of the Ministry of Investment and Foreign Trade reports.

So, on September 1, during negotiations with the Deputy Prime Minister of the Russian Federation Denis Manturov, a joint analysis of the possibilities of increasing the supply of demanded products of Uzbek manufacturers to the Russian market, including textile, electrical household products and building materials, was carried out. In addition, the progress of the implementation of joint investment projects, which ensure the expansion of industrial cooperation between the enterprises of the two countries, was considered in detail.

During the conversation with Deputy Prime Minister of the Russian Federation Alexei Overchuk, issues of trade and economic cooperation were discussed. Particular attention was paid to the expansion of investment interaction, the strengthening of cooperative ties in industry and the development of international transport and logistics communications in Central Asia.

At a meeting with the Minister of Economic Development of the Russian Federation Maxim Reshetnikov, issues of increasing mutual supplies of products with high added value, expanding interregional cooperation and other issues of the current Uzbek-Russian cooperation agenda were discussed. The parties also discussed holding upcoming bilateral events this year.

On September 2, the meeting with the Deputy Prime Minister of the Russian Federation Victoria Abramchenko was devoted to the issues of ensuring food security, increasing mutual supplies of agricultural products. It was noted that for the period January-July this year, the export of agricultural products from the Republic of Uzbekistan to the Russian Federation amounted to 222.5 million USD, an increase of 52% compared to the same period in 2021. An agreement was reached to increase cooperation in this direction.

Also on September 1-2, meetings were held with the leadership of the Ministry of Energy, the Ministry of Agriculture of the Russian Federation, “Russian Railways” JSC, as well as with representatives of large Russian companies. Agreements were reached on deepening cooperation and implementing investment projects in the field of agriculture, developing transport and logistics communications in Central Asia, as well as on other issues of mutual interest.