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Uzbekistan, Russia focus on the accelerated implementation of bilateral agreements

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Uzbekistan, Russia focus on the accelerated implementation of bilateral agreements

Deputy Prime Minister – Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov met with the Minister of Industry and Trade of Russia Denis Manturov, in Moscow.

According to the Ministry of Investments and Foreign Trade, the parties discussed issues of cooperation in the investment, industrial, trade and economic spheres.

The course of implementation of the agreements reached during the meeting of the heads of the two states and the joint events preceding the meeting, held in November last year, was considered. This is a package of agreements that includes 143 investment projects worth about $7.5 billion and 455 trade agreements worth $1.6 billion. The parties discussed the current status of the implementation of projects and contracts and agreed to develop joint practical measures to promote them.

The main attention was paid to the issues of interaction in the pharmaceutical industry, which is especially important taking into account the high level of Russian technologies in this area and the favorable conditions created in Uzbekistan for the activities of foreign companies in the pharmaceutical sector. An agreement was reached to intensify joint work in this direction with the involvement of relevant ministries, scientific and medical centers of the two countries.

UzA