Uzbekistan, China aim to increase bilateral trade to $13 billion

POLITICS 13:46 / 09.10.2023 5918

The Prime Minister of Uzbekistan Abdulla Aripov and the Premier of the State Council of China Li Qiang held a meeting at the Hangzhou Hua Jia State Residence.

During the talks, the parties noted that “there is every opportunity to increase mutual trade turnover between Uzbekistan and China to $12-13 billion.”

The sides stressed the importance of implementing promising projects in the areas of “green” energy, the automotive industry, electrical engineering, processing of non-ferrous and rare metals, “smart” agriculture, and water-saving technologies. For this purpose, it was proposed to create an Uzbek-Chinese industrial park based on modern technologies.

The parties also exchanged views on enriching the economic agenda of the upcoming high-level negotiations with specific new projects and implementing the previously reached agreements.

During the visit to Hangzhou, meetings were also held with the leadership of large Chinese companies, such as Huawei, Energy China International, and Silk Road Fund, with the aim of expanding bilateral cooperation.

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