Kazakhstan and Uzbekistan to increase car exports
Kazakhstan and Uzbekistan have agreed to increase the export of cars produced jointly at SaryarkaAvtoProm LLP.
According to KazakhExport ESC JSC, the corresponding cooperation agreement was signed by the Chairman of the Board of the Export Insurance Company KazakhExport JSC Ruslan Iskakov and the Head of Uzavtosanoat JSC Shavkat Umurzakov during the presentation of the Chevrolet model range in the national pavilion.
The meeting was also attended by Kazakhstan’s Prime Minister Askar Mamin.
The document provides for the use of KazakhExport financial and insurance instruments for financing the export of Kazakhstan cars to Uzbekistan.
The first $11.8 million deal was made to supply 766 JAC S3 and JAC S5 cars to Uzbekistan.