On February 13, Deputy Prime Minister - Minister of Investment and Foreign Trade of the Republic of Uzbekistan, Umurzakov met with Minister of Trade and Integration of the Republic of Kazakhstan, Sultanov at the border customs post of the Uzbek-Kazakh border. This was reported by the press service of the Ministry of Investment and Foreign Trade.
During the meeting, the sides expressed mutual readiness to further strengthen multifaceted cooperation between the two countries. Issues related to the implementation of the Roadmap for expanding and deepening cooperation between the Republic of Uzbekistan and the Republic of Kazakhstan, agreed in November last year, were discussed in Tashkent.
The parties also identified mechanisms to intensify cooperation between the relevant ministries, departments and entrepreneurs of the two countries to promote the approved measures and projects.
They also discussed the development of joint measures to increase bilateral trade, in particular, specific measures to improve cross-border relations and the project to establish the Central Asian Center for International Trade and Economic Cooperation.
At the same time, the official Facebook page of the Ministry of Trade and Integration of the Republic of Kazakhstan reported that the most important result of the trip was the decision to end long-term negotiations. It will take several months to launch the Center for International Trade and Economic Cooperation project.
“We once again discussed the ways that the center will respond to future changes and trends ... Most importantly, we and our Uzbek neighbors emphasize that in the future the Center will become a magnet for the industrial business of our countries,” wrote the head of the Ministry of Trade and Integration of Kazakhstan, Bakhit Sultanov.
At the end of the talks, the parties agreed to accelerate the implementation of this project and plan the next steps to address the pressing issues of investment and trade and economic integration on the bilateral basis.
Translated by Musharraf Mir Akhmadova
Lead Research Specialist, CERR