Uzbekistan – Turkey: on the way to further strengthening cooperation

On March 7 this year, Minister of Investments, Industry and Trade Laziz Kudratov held a meeting with Ambassador Extraordinary and Plenipotentiary of the Republic of Turkey to the Republic of Uzbekistan Olgan Bekar. This was reported by the press service of the MIIT.

At the beginning of the meeting, the Uzbek side expressed deep condolences in connection with the loss of life and significant damage caused by a strong earthquake that occurred in February in the southeastern regions of Turkey. In turn, the Turkish diplomat expressed special gratitude to the leadership of Uzbekistan for sending rescuers to assist in the elimination of the consequences of a natural disaster in the regions of Turkey affected by the disaster and a large amount of humanitarian aid.

During the talks, the prospects for increasing the volume of mutual trade and investment cooperation were discussed. It was noted that the indicators of bilateral trade between Uzbekistan and Turkey over the past three years have grown by one and a half times, and the volume of investments has doubled. The parties confirmed their intention to continue active cooperation in order to maintain such positive dynamics.

A high assessment was given to the intensity of expanding ties and diversifying corridors in the field of transport and logistics between Uzbekistan and Turkey. In this context, specific measures have been agreed to increase the number of flights this year and launch flights to new destinations between the regions of the two countries.

In addition, the parties considered organizational issues of holding a regular meeting of the Uzbek-Turkish Intergovernmental Commission on Trade and Economic Cooperation in the second half of this year. An agreement was reached to intensify the interaction of relevant ministries and departments to saturate the agenda of the upcoming event with promising contracts and agreements.

Following the talks, mutual commitment was expressed to continue close joint work in the interests of the further development of the Uzbek-Turkish multifaceted cooperation.