Tashkent, Uzbekistan (UzDaily.com) – On 31 October, Minister of Investment and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov and Minister of Trade and Integration of the Republic of Kazakhstan Bakhyt Sultanov discussed the prospects for expanding bilateral trade cooperation in a video conference format.

The theme of the dialogue was the mechanisms developed by the joint working group to strengthen mutual trade by creating a stable and streamlined transport and logistics infrastructure in the border territories of Uzbekistan and Kazakhstan. The advantages and disadvantages of each of the options in terms of geographic location and existing conditions for creating additional lines of communication and facilities for the shipment, storage and customs clearance of goods were considered, which will ensure an accelerated and stable cargo flow between the two countries.

It was noted that the parties have great potential for accelerated growth in trade turnover, taking into account the interconnectedness of the product range, in connection with which the departments of the two countries will continue to elaborate the existing concepts for the further development of trade relations and, jointly, quickly develop an optimal mutually beneficial solution.