Tashkent, Uzbekistan (UzDaily.com) -- On 23 October, the 23rd meeting of the Intergovernmental Commission on Economic Cooperation between the Republic of Uzbekistan and the Russian Federation was held. 

The meeting was co-chaired by Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Jamshid Khodjaev and Deputy Prime Minister - Minister of Industry and Trade of the Russian Federation Denis Manturov. The heads of key ministries and departments of the two countries also took part in its work.

As part of the agenda, a wide range of issues of trade, economic, investment, industrial, transport, logistics, cultural and humanitarian cooperation between the two countries was considered.

In particular, the prospects for the development of mutual trade are analyzed, demonstrating a positive growth trend in recent years. Responsible leaders were instructed to take practical measures to diversify mutual trade and bring its volumes to a qualitatively new level.

The course of investment cooperation and industrial cooperation between the two countries in the context of regions and industries was considered. Mutual interest was expressed in developing new project initiatives and accelerating the implementation of existing joint projects in the fields of petrochemistry, mining metallurgy, energy, healthcare and pharmaceuticals, the production of building materials, light industry, and the processing of fruits and vegetables.

Another key area on the agenda was the development of interregional cooperation. It was announced that on the basis of previously approved plans, an exchange of visits of delegations from a number of regions of the two states took place. An agreement was reached to continue work in this direction, including through the organization of regular online negotiations in order to develop proposals for the implementation of new investment projects and trade agreements.

As a result of the meeting, the Final Protocol and a solid package of bilateral documents were signed, reflecting the key agreements reached during the event.