Opening Asia for Russia

Russia and Uzbekistan signed agreements on cooperation between regions worth several billion dollars

19.11.2021 105 просмотров

About 600 bilateral agreements totaling $9 billion were signed as part of the second forum of interregional cooperation between Uzbekistan and Russia, which was held in Moscow on November 17. This was reported by the press service of the Ministry of Investment and Foreign Trade.

Among the signed documents are 141 investment projects worth $7.4 billion and 455 export contracts worth $1.6 billion.

Investment projects will be accompanied by a joint project office established by the Ministry of Industry and Trade of Uzbekistan and the Ministry of Industry and Trade of Russia . Also, the administrations of the regions of the two countries will begin to develop 75 new investment projects in promising sectors.

The program of the event included a plenary session, during which the President of Uzbekistan Shavkat Mirziyoyev and the President of Russia addressed the participants Vladimir Putin as a video message. In addition, the Minister of Investment and Foreign Trade of Uzbekistan Sardor Umurzakov and the Minister of Economic Development of Russia Maxim Reshetnikov presented their reports, talking about the work done to establish ties between the regions of the two countries and develop joint interregional projects and initiatives.

The event brought together more than 800 participants, including members of governments, heads of regions, ministries, departments, industry associations, business associations, representatives of large companies and the private sector.

According to, the purpose of the forum is to create a single space for the development of direct business contacts and other types of interaction between the regions of Uzbekistan and Russia. The speakers of the event emphasized that in 2021 more than 50 mutual visits took place, and in recent months alone, the leaders of all 14 regions of Uzbekistan visited 42 subjects of Russia.

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