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20 May 2020, 17:36

Belarus-Uzbekistan trade up 1.5 times in Q1 2020

MINSK, 20 May (BelTA) – In Q1 the trade between Belarus and Uzbekistan increased 1.5 times to total $53.8 million. The trade figures were reviewed during a videoconference meeting between Belarus Deputy Prime Minister Vladimir Dvornik and Deputy Prime Minister - Minister of Investment and Foreign Trade Sardor Umurzakov of Uzbekistan on 20 May, BelTA learned from the press service of the Belarusian government.

According to Vladimir Dvornik, the videoconference demonstrates the mutual interest of Belarus and Uzbekistan in continuing contacts and developing cooperation in all areas. The active political dialogue established in recent years between the presidents of Belarus and Uzbekistan has taken the whole range of Belarus-Uzbekistan relations to a qualitatively new level.

In 2019 the bilateral trade reached $239 million, up 1.5 times year-on-year. The positive trend maintained in January-March 2020. The mutual trade amounted to $53.8 million, up 54.1% year-on-year.

The Belarus-Uzbekistan roadmap on cooperation is a framework document of trade and economic cooperation, approved by the prime ministers of the two countries on 2 November 2018. The roadmap includes 158 measures, more than a third of which have already been implemented.

“The deputy prime ministers discussed the progress made in updating the roadmap, taking into account the agreements reached during the official visit of the Uzbekistan president to Belarus. The parties also considered issues of interregional cooperation, interaction in transport and logistics, agriculture, light and food industries,” the press service said.

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