TASHKENT, Uzbekistan, October 17. Presidents of
Uzbekistan and China agreed to convey the commerce turnover to $20
billion within the subsequent 5 years, Trend stories.
The comment was made throughout the assembly between President of
Uzbekistan Shavkat Mirziyoyev and President of China Xi Jinping on
October 17 in Beijing.
During the talks, the events mentioned problems with additional
strengthening of Uzbek-Chinese relations and complete
strategic partnership, in addition to expressed curiosity in increasing
the portfolio of high-tech initiatives by collectively organizing the
manufacturing of progressive merchandise with excessive added worth.
The presidents famous that the amount of Chinese investments has
elevated fivefold and the variety of corporations has tripled in
latest years. Since the start of 2023, the amount of mutual
commerce has elevated by 36 % and is predicted to exceed the $10
billion mark by the top of the yr.
President of Uzbekistan is at present on a working go to to China
for the participation within the occasions of the Third ‘One Belt, One
Road’ International Forum from October 17 by way of October 18 in
China’s Beijing.
The agenda of the occasion contains dialogue of problems with additional
improvement of commerce and financial cooperation, strengthening of
transport and communication interconnectedness, promotion of inexperienced
improvement packages, digitalization, and many others.
China has been implementing an unlimited variety of funding initiatives
in Uzbekistan, together with a latest $50 million technopark undertaking in
Uzbekistan’s Syrdarya area, in addition to the availability of two,000
electrical buses to the nation by a Chinese BYD car
firm.