Uzbek-Russian business forum takes place in Tashkent
31/03/2017 19:17
Uzbek-Russian business forum takes place in Tashkent
31/03/2017 19:17
Tashkent, Uzbekistan (UzDaily.com) -- An Uzbek-Russian Business Forum and Cooperation Exchange with participation of the Uzbek and Russian companies were held in Tashkent on 30 March 2017.
The events were aimed at assisting to establish trade relations between Uzbek and Russian companies, creating new joint projects and realizing new investment projects.
During the business meeting, the parties discussed issues of mutual cooperation to strengthen interaction between entrepreneurs of the two countries.
The sides discussed organization of online trades, participation of the business entities in exhibitions and fairs in two states, creation of joint venture on production of highly demanded in internal and external markets.
Trade turnover between Uzbekistan and Russia decreased made up US$4.237 billion, which decreased by 4.9% compared to 2015. Uzbekistan’s exports made up US$1.842 billion (+1.2%) and imports – US$2.395 billion (-9.1%).
The volume of attracted Russian investments reached US$1.293 billion in 2016, of which US$1.205 billion (93.2%) were directed to oil and gas sector and US$84.7 million (6.5%) – to telecommunications.
Some 961 enterprises with Russian investments operate in Uzbekistan, including 151 enterprises with Russian capital. There are 64 firms and companies from Russia accredited in Uzbekistan. About 569 enterprises with Uzbek investments work in Russia.
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