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Home»NEWS»Uzbekistan proposes to create free commerce zone between Central Asian international locations
NEWS

Uzbekistan proposes to create free commerce zone between Central Asian international locations

Mirza ShehnazBy Mirza ShehnazSeptember 14, 2023No Comments2 Mins Read
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TASHKENT, Uzbekistan, September 14. Uzbekistan
referred to as on the Central Asian international locations to create a full-fledged free
commerce zone with the intention to improve commerce turnover volumes, Trend studies.

The proposal was made by President of Uzbekistan Shavkat
Mirziyoyev through the fifth Consultative Meeting of the Heads of
Central Asian states assistance on September 14 in Tajikistan’s Dushanbe
with the participation of the Guest of Honor – President of
Azerbaijan Ilham Aliyev.

“Trade and financial cooperation is the principle driver of
partnership and integration. Uzbekistan creates all the required
situations for the event of sensible cooperation on this
path with all international locations of the area. In order to extend
the quantity of commerce, it’s essential to create a full-fledged free
commerce zone,” mentioned the president.

“I suggest to undertake a complete regional program offering
for the formation of sustainable commerce and logical chains, the
opening and growth of the middle for cross-border commerce and
cooperation, the harmonization of laws and the elimination
of obstacles to mutual commerce, in addition to the creation of unified
digital platforms for customs administration of sanitary and
phytosanitary management of certification of origin of products and the
launch of a regional e-commerce platform,” Mirziyoyev mentioned.

The president additionally proposed to launch common conferences between
the ministers accountable for commerce to international international locations to start out
the implementation of recent initiatives.

Meanwhile, the commerce turnover between the international locations of Central
Asia has grown by greater than 80 % over the previous 5 years,
amounting to $10.6 billion.

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Mirza Shehnaz

Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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