The volume of Turkmen-Uzbek trade increased by 70% in 2018 – ambassador

The volume of Turkmen-Uzbek trade increased by 70% in 2018 – ambassador

Thanks to a fruitful dialogue at the highest level, in 2018 mutual trade turnover between Turkmenistan and Uzbekistan increased by 70%, and bilateral trade amounted to $302 million. This was announced by Ambassador Extraordinary and Plenipotentiary of Uzbekistan to Turkmenistan Akmaljon Kuchkarov at a briefing on the preliminary results of the Uzbek reforms for two years.

Speaking about the development of the Turkmen-Uzbek partnership, the ambassador noted that most of the mutual trade falls to the business community. The Uzbek envoy stressed that in 2018 more than 25 joint ventures were opened with the participation of Turkmen businessmen, which indicates the growing role of private entrepreneurs in the economy of Turkmenistan.

The diplomat emphasized that the important articles of Turkmen exports to Uzbekistan are products of the glass factory in Ovadandepe, cement plants and enterprises for the production of building materials. This again speaks of the far-sighted economic policy pursued by the Turkmen leadership.

According to the ambassador, cultural and humanitarian ties are actively developing between Turkmenistan and Uzbekistan. As an example, the ambassador cited the opening of Ashgabat Park, on Magtymguly Street, in Tashkent, and in the Turkmen capital on Alisher Navoi Street – a restaurant of Uzbek cuisine.

Of course, such a rapid growth of the Turkmen-Uzbek partnership in all areas was made possible thanks to the fruitful cooperation at the highest level. In this regard, the Uzbek envoy noted that on April 23-24, 2018 President Gurbanguly Berdimuhamedov made a state visit to Uzbekistan, and President Shavkat Mirziyeyev attended the summit of the heads of the founding states of the International Fund for Saving the Aral Sea on August 24th in Avaza.

“I am confident that in 2019 we will not only maintain the achieved milestones, but also ensure the further multiplication of the achievements of the Turkmen-Uzbek multifaceted cooperation and strategic partnership,” Ambassador Akmaljon Kuchkarov said at a briefing.