Uzbekistan and the EU aim to strengthen cooperation in the
trade, economic and investment fields.
The matter was discussed between the Minister of Investment,
Industry, and Trade Laziz Kudratov, and the Head of the European
Union Delegation Charlotte Adriaen.
Throughout negotiations, the sides considered the possibilities
of expanding the key areas of bilateral financial and technical
cooperation. In particular, they reviewed the implementation of the
new Multi-Annual Indicative Program 2021-2024 for Uzbekistan, under
which 76 million euros were allocated.
During the talks, the parties also discussed partnership within
the framework of Uzbekistan’s entry into the World Trade
Organization (WTO), emphasized the growth dynamics of mutual trade,
noting that the volume of trade has increased by 15.7 percent in
2022, reaching $4.4 billion.
Furthermore, Uzbekistan extended gratitude to the European side
for technical and consultancy support provided during the country’s
entry into the WTO, in particular, through the implementation of a
project for assistance in the process of Uzbekistan’s accession to
the WTO, funded by the European Union.
The Minister and the Head of the EU delegation also emphasized
the implementation of the program with the Development Strategy of
the New Uzbekistan, including transformation to a green economy,
effective public administration, and support for agriculture and
other areas.
Following the meeting, the sides confirmed mutual commitment to
further expansion of cooperation in priority areas and elevation of
multifaceted bilateral relations to a new level of development.
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