Uzbek-Ukrainian trade turnover increases
By Sara Israfilbayova
Uzbek-Ukrainian trade turnover increased by 54.1 percent and reached $268.4 million in January-August, Uzbek media reported quoting Ukrainian ambassador to Uzbekistan Yuri Savchenko.
The ambassador noted that the trade turnover between the countries is growing and it deserves the highest positive assessment.
“This year, the growth of Ukrainian exports is more intense than last year, the growth of Uzbek exports. Mainly because of sugar and some other goods,” the ambassador underlined.
During the reporting period, Ukrainian exports to Uzbekistan reached $187.4 million, an increase of 83.6 percent, while imports of Uzbek products from Ukraine exceeded $81.1 million, an increase of 12.4 percent.
Ukraine mainly supplies pharmaceutical and food products to Uzbekistan, as well as various equipment.
Earlier, Uzbek MPs announced that the country could impose restrictive measures on Ukrainian goods in response to anti-subsidy investigation regarding the import of passenger cars from Uzbekistan.
Savchenko stressed that the Ukrainian side invites Uzbekistan to dialogue, adding that the answers will clarify the situation.
The diplomatic relations between the states were established on August 28, 1992.
Uzbekistan delivers to Ukraine cotton fiber, textile products, oil products, and non-ferrous metals. Ukraine exports to Uzbekistan machinery and equipment, pharmaceutical products, products, and timber.
The most important areas of cooperation between the countries are considered production of agricultural products and its processing, production of soft drinks, cooperation in the oil and gas sector, energy, IT and telecommunications, electrical engineering, tourism, transport and logistics, food industry, textile, leather and footwear, mechanical engineering, aviation, chemical industry, construction, medical industry.
Currently, 72 joint Uzbekistan – Ukraine enterprises are successfully operating in Uzbekistan, including five enterprises with 100 percent Ukrainian capital.
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Sara Israfilbayova is AzerNews’ staff journalist, follow her on Twitter: @Sara_999Is
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