Uzbekistan and Belarus intensify cooperation in the fields of investment, trade and logistics
Tashkent, Uzbekistan (UzDaily.com) -- On 20 May, the Deputy Prime Minister of the Republic of Uzbekistan Sardor Umurzakov, using video conferencing, discussed with the Deputy Prime Minister of the Republic of Belarus Vladimir Dvornik urgent issues of developing bilateral cooperation in the field of investment, mutual trade, transport and logistics, as well as measures to prevent the negative impact of the COVID-19 pandemic on the economies of the two countries.
The parties emphasized the need to intensify work on the implementation of joint projects and initiatives, for which the Roadmap for the development of cooperation between the two countries will be reviewed and updated, and, if necessary, additional negotiations between the ministries and departments of Uzbekistan and Belarus will be held for discussion and elaboration related issues.
They also discussed the possibility of holding the next meeting of the Intergovernmental Commission on Bilateral Cooperation between the Republic of Uzbekistan and the Republic of Belarus in the form of video conferencing.
Significant potential was noted in establishing inter-regional cooperation through the joint development and conclusion of separate Road Maps for the systematic expansion of cooperation between the regions of Uzbekistan and Belarus.
During the discussion, a constructive exchange of views took place on the prospects for investment cooperation through industrial cooperation between the manufacturers of the two countries based on the successful experience of a number of Belarusian companies already engaged in investment activities in Uzbekistan. Textile, livestock, food and pharmaceutical sectors were identified as priority areas for expanding the presence of Belarusian partners and manufacturers in the Uzbek market, while an initiative was considered to attract scientific and educational institutions of the two countries to introduce advanced technologies in enterprises and organize training programs in different directions.
They also considered measures to increase mutual trade, including the introduction of mechanisms for the mutual recognition of certificates of conformity and product testing protocols for Uzbek and Belarusian products, the extension of the practice of holding “Agricultural Forums” with the participation of agricultural producers of the two countries, and other initiatives.
The parties paid special attention to the development of transport and logistics cooperation - the importance of strengthening bilateral cooperation to ensure uninterrupted and unhindered transportation of goods was noted. An agreement was reached on the development of constructive proposals for creating favorable conditions for the transportation and transit of goods through the territory of both countries.
As a result of the videoconference, the creation of a joint working group was agreed, the task of which will be to ensure the practical implementation of the discussed areas of cooperation and the promotion of joint initiatives.