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25 April 2022, 18:08

PM: Belarus, Uzbekistan can step up trade, investment

Innoprom. Central Asia expo
Innoprom. Central Asia expo

TASHKENT, 25 April (BelTA) - Belarus and Uzbekistan are able to increase the volume of trade and investment as the points of growth have been found, Belarusian Prime Minister Roman Golovchenko told the media in Tashkent on 25 April, BelTA has learned.

"It is gratifying that neither the dynamics of the current interaction with Uzbekistan nor our plans have been impacted by the processes taking place in the world. Today, the Uzbekistan president stressed that our cooperation is steady and long-term. Now the task is to fill it with new content. The purpose of our visit to Tashkent was to find new points of growth, to generate added value for the two countries. I can say we have found them. I suggested them to the president of Uzbekistan and received his full support. Our task is to at least reach the half-billion mark [in trade] and it is quite realistic. We are able to reach higher volumes of mutual trade and investment," Roman Golovchenko said.

Cooperation in mechanical engineering, agriculture, pharmaceuticals and other areas was discussed during the visit of the Belarusian delegation to Uzbekistan. The Belarusian head of government considers collaboration as especially promising. "For example, there is a need for electric transport, but Uzbekistan wants to have its share in any product. We discussed cooperation in this area. The same applies to a number of other areas," the prime minister said.

In 2021, the trade between Belarus and Uzbekistan amounted to $301.9 million having increased by 7.8% over 2020. Exports came at $245.4 million (an increase of 3.3%). Belarus has a $188.9 million surplus in trade with Uzbekistan.

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