TASHKENT, Uzbekistan, February 17. Trade
turnover between Uzbekistan and the United Kingdom has doubled over
the past five years, Trend reports via the press service of the Uzbek
president.
The figure was announced during a meeting between President of
Uzbekistan Shavkat Mirziyoyev and the UK’s Trade Envoy to Central
Asia and Azerbaijan, Lord John Alderdice.
The discussions centered on enhancing the mutually advantageous
partnership between Uzbekistan and Britain, with a primary emphasis
on trade and economic collaboration.
The parties engaged in a discussion regarding the latest
regional and global developments.
Meanwhile, Saida Mirziyoyeva, Head of the Presidential
Administration, noted that Uzbekistan continues to attract a
growing number of British companies, with more than 270 UK firms
currently operating in the country.
Uzbekistan and the UK have established a strong trade
relationship with bilateral trade. Uzbekistan's main exports
include gold and precious metals, totaling $3.43 billion in 2024,
alongside non-ferrous metals, silver, and cotton. The UK, in turn,
provides high-value industrial goods such as machinery, industrial
equipment, combustion engines, and agricultural machinery. The
trade benefits from the UK's Developing Countries Trading Scheme
(DCTS), granting Uzbekistan preferential market access.
Additionally, UK Export Finance (UKEF) supports various projects in
Uzbekistan, especially in the mining and green technology
sectors.
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