Kazakhstan’s Turkestan hosted a meeting of the Joint Intergovernmental Commission on Bilateral Cooperation and the Third Forum of Interregional Cooperation between Uzbekistan and Kazakhstan.

According to Uzbekistan MIFT, the delegations of the two countries were led by the Prime Minister of Uzbekistan Abdulla Aripov and the Prime Minister of Kazakhstan Askar Mamin. The events were also attended by the heads of key ministries, agencies, industry associations and regional administrations of the two countries.

At the event, the dynamics of developing bilateral relations, which had sharply increased in recent years thanks to the close, trusting relations of the heads of the two states, were emphasized. It was announced that Kazakhstan and Uzbekistan account for 70% of regional trade in Central Asia.

The main directions for the development of bilateral partnership, in particular, the need for making efforts to bring bilateral trade to the target of $5 billion by the end of next year and up to 10 billion in subsequent years, were considered.

The main attention was paid to the issue of further developing industrial cooperation. The issues of deepening cooperation in transport and logistics were also discussed.

Following the Forum, an agreement was reached to intensify joint work on the formation of a new package of investment and trade agreements with an emphasis on direct cooperation between the regions of Uzbekistan and Kazakhstan.

UzA