BAKU, Azerbaijan, October 7. Uzbekistan and
Russia signed four agreements on interregional cooperation and
investment as representatives of 17 Russian regions, all regions of
Uzbekistan and around 400 entrepreneurs gathered for the Third
Uzbekistan-Russia Council of Regions in Fergana on Oct. 6.
This was reflected in the statement by the Ministry of
Investment, Industry and Trade of Uzbekistan.
The meeting brought together regional leaders and business
representatives from both countries to discuss expanding direct
interregional ties, industrial cooperation, trade, investment and
joint projects.
Welcoming remarks from Uzbek President Shavkat Mirziyoyev and
Russian President Vladimir Putin were delivered at the meeting by
Uzbek Deputy Prime Minister Jamshid Khodjaev and Russian First
Deputy Prime Minister Denis Manturov.
The broad representation of the two countries provided an
opportunity to discuss practical areas of economic cooperation,
including the expansion of direct ties between regions and the
development of new industrial and investment projects.
As a practical outcome of the meeting, four agreements were
signed, covering cooperation between the Fergana and Omsk regions,
the Surkhandarya Region and Krasnoyarsk Territory, and the Namangan
Region and the Republic of Dagestan.
The fourth agreement was an investment deal between Uzbekistan’s
Ministry of Investment, Industry and Trade and Wildberries for the
construction of a Class A logistics complex.
“The practical result was the signing of 4 agreements,” the
Uzbek Ministry of Investment, Industry and Trade said in its
statement.
The agreements are expected to provide a framework for expanding
cooperation between the participating regions and advancing new
investment and business projects.
The meeting also underscored the role of direct regional
contacts in developing trade and economic relations between
Uzbekistan and Russia, particularly through industrial cooperation,
investment and joint ventures.
The next meeting of the Uzbekistan-Russia Council of Regions is
scheduled to take place in Omsk, Russia.
