President of Uzbekistan Shavkat Mirziyoyev held a meeting with President of Belarus Alexander Lukashenko, during which they discussed the results of joint cooperation and development prospects. The sides noted that the volume of trade between the two countries increased by 15% over the past year. This was reported by the press service of the President of Uzbekistan.
President Mirziyoyev emphasised that relations between Uzbekistan and Belarus have made significant progress, especially in the field of trade and economic cooperation. He noted that even the number of joint ventures has increased fourfold.
The leaders of both countries set the governments the task of increasing the volume of trade to $ 1 billion in the coming years. To make this possible, the authorities of both countries plan to establish a joint foreign trade company, as well as implement mechanisms to support exports and imports.
Mirziyoyev and Lukashenko also identified priority areas of cooperation. Agriculture, light and food industry, pharmaceuticals, urban development and communications were among the key areas, for each of which a separate working group will be established.
The results of the Second Forum of Regions of Uzbekistan and Belarus were also on the agenda. Following the forum, companies from both countries signed contracts and agreements worth more than $ 1 billion.