Uzbekistan’s trade turnover with CIS countries up

BUSINESS 13:26 / 09.01.2023 9188

According to the publication, Uzbekistan is currently developing cooperation with partners within the CIS in three dimensions: in the field of politics and security, economic and humanitarian spheres. The priority tasks are the formation of a full-fledged free trade zone and the strengthening of transport interconnectedness in the CIS space.

Much attention is paid to joining efforts in the implementation of national programs and strategies aimed at deepening industrial cooperation, ensuring food, energy and environmental security.

In recent years, Uzbekistan has stepped up its participation in the activities of the Commonwealth, has signed more than 40 multilateral agreements, and has also joined 23 sectoral bodies of the CIS.

In 2022, the trade turnover of Uzbekistan with the Commonwealth countries increased by a third and more than 1,000 joint ventures were created.

The country is determined to further increase trade relations with CIS countries, the report says.

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