On March 15, Deputy Prime Minister, Minister of Investments and Foreign Trade Sardor Umurzakov met with Chairman of the Board of the Eurasian Economic Commission (EEC) Mikhail Myasnikovich and Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission Andrey Slepnev, in Moscow.

Issues of interaction between Uzbekistan and the Eurasian Economic Union (EAEU) in the status of an observer state were discussed at the meeting. The growing international authority of the EAEU and the expanding geography of cooperation with foreign countries was noted. Positive trends in the development of economic partnership were highlighted.

The parties voiced their mutual commitment to the principles of mutually beneficial economic cooperation, equality and consideration of national interests, as well as the implementation of joint measures on creating additional opportunities for closer cooperation between Uzbekistan and the EAEU countries in the investment, trade-economic and transport-logistics spheres.

The parties expressed their mutual readiness to implement joint comprehensive programs to increase investment cooperation and industrial cooperation, create conditions for unhindered mutual trade and enhance the efficiency of using the transit potential of the region.

The parties also discussed the prospects of cooperation between Uzbekistan and the Eurasian Development Bank and the Eurasian Fund for Stabilization and Development.

An agreement was reached to establish a mechanism for permanent contacts with the EEC at the expert level to promptly resolve all emerging issues, which will contribute to the development of effective cooperation between Uzbekistan and the EAEU.

UzA