Uzbekistan and China discuss perspectives of economic cooperation

The session was co-chaired by Assistant Minister of Commerce of China Zhang Xiangchen and Minister of Foreign Economic Relations, Investment and Trade of Uzbekistan Elyor Ganiev.

The participants considered social-economic development of Uzbekistan and China, perspectives of development of cooperation in various areas of economy and expansion of investment partnership.

The Chinese delegation familiarized with conditions created for foreign investments at the special industrial and economic zone “Navoi” and special industrial zone “Angren”. The sides considered issues of implementing joint projects.

China is one of the largest trade partners of Uzbekistan. In last six years, the volume of bilateral trade rose six times and reached US$5.2 billion in 2013.

In the first six months of 2014, the trade turnover between Uzbekistan and China made up US$2.163 billion.