Uzbekistan, US discuss development of trade-economic relatios
08/11/2019 21:45
Uzbekistan, US discuss development of trade-economic relatios
08/11/2019 21:45
Tashkent, Uzbekistan (UzDaily.com) -- On 8 November 2019, the Minister of Investment and Foreign Trade Sardor Umurzakov met with the US Ambassador Extraordinary and Plenipotentiary Daniel Rosenblum.
The parties discussed the current state of bilateral cooperation in the light of the recent visit of the delegation of Uzbekistan to Washington and negotiations with the US Secretary of Commerce Wilbur Ross and the leadership of the US Trade Representation, which allowed significant progress in discussing a wide range of issues in the field of investment and trade-economic partnerships and identifying priority areas further interaction.
In this vein, the issues of organizing the activities of a joint working group between the US Department of Commerce and the Ministry of Investment and Foreign Trade of Uzbekistan were raised: this format will allow for an effective dialogue and to develop mutually beneficial solutions for accelerating the growth of trade.
The support of the US Government in the implementation of large-scale socio-economic reforms in Uzbekistan and the activation of the country's integration into the global economic space through accession to the World Trade Organization (WTO) was highly appreciated.
In this regard, a number of practical issues were considered, assistance in the solution of which will significantly accelerate the process of Uzbekistan’s accession to the WTO and, in general, will have a positive impact on the development of trade, economic and investment cooperation between the two countries.
As a result of the meeting, an agreement was reached on close cooperation to work out the indicated areas and issues.
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