Earlier Daryo reported that President Shavkat Mirziyoyev of Uzbekistan emphasized the unparalleled strength of relations between Uzbekistan and the People's Republic of China, highlighting the forthcoming visit as a symbol of the exceptional phase in their history.
In an interview for Daryo, Abdulla Abdukadirov, First Deputy Director of the Agency for Strategic Reforms under the President of Uzbekistan, affirmed the visit's importance. Notably, the substantial investments and loans from China in Uzbekistan's economy surpassed $4 bn in the past year.
Achieving an effective import structure, particularly through increased imports of equipment for industrial production and metalworking, is identified as a key goal. Leveraging China's expertise in simplifying product certification processes and unifying trade rules is seen as a pathway to enhance the speed and efficiency of trade between the two nations.
What further growth do you expect?
At the end of 2023, the volume of mutual trade between China and Uzbekistan exceeded $13.7 bn. Thus, imports amounted to about $2.5 bn, and exports - $11.2 bn. Despite the fact that 91% of the total imports are industrial and chemical goods, machinery, and equipment, we would be happy to import more equipment for metalworking, small and medium-sized mechanical engineering. I think that these are the questions that will be the subject of conversation between our president and the chairman of the PRC.
China and Uzbekistan maintain close ties within the UN, SCO and other international structures. How important is it to strengthen cooperation to continue to protect common interests and make a positive contribution to security and progress around the world in a difficult time when pressure, bias and unilateralism dominate on the part of individual countries?
Earlier Daryo reported that China has become the main trading partner of Uzbekistan.
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