On October 28, Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov met with the Chairman of the Board of the Eurasian Economic Commission (EEC) Mikhail Myasnikovich, in Moscow.

The current state of cooperation and mechanisms for solving common tasks within the framework of Uzbekistan's interaction with the member states of the Eurasian Economic Union (EAEU) were discussed. The parties expressed mutual commitment to the principles of mutually beneficial economic partnership, equality and consideration of national interests, as well as the implementation of joint measures to create additional opportunities for closer cooperation between Uzbekistan and the EAEU countries.

The urgency of developing cooperation in the development of industrial cooperation, simplification and digitalization of trade procedures, improvement of existing sanitary, phytosanitary and veterinary norms and standards, diversification of transport corridors, technology transfer and partnership in the ecology and environmental protection was noted.

An agreement was reached on the joint development of a roadmap for interaction with the EEC to increase trade-economic ties between Uzbekistan and the EAEU member states, which will include specific measures for cooperation between the relevant ministries and agencies of the country with the relevant divisions of the EEC in trade, industry, customs and tax administration, technical regulation, sanitary and phytosanitary standards, energy, pharmaceuticals, labor migration and other areas.

The parties also agreed to work together to attract potential investors from EAEU member states to establish industrial cooperation and implement joint investment projects.

Following the meeting, priority measures were outlined to solve the tasks set and promote agreed initiatives and areas of cooperation.

UzA