By Trend
The European Union provided Uzbekistan with 5 million euros for
a project to support country's accession to the World Trade
Organization (WTO), Trend reports via UzDaily which cited the press
service of Uzbek Foreign Trade Ministry.
Uzbek Ministry of Foreign Trade held a meeting with the Head of
EU Delegation to Uzbekistan, Ambassador Eduards Stiprais.
The parties discussed prospects for further multidimensional
bilateral cooperation as well as expanding cooperation in the field
of trade, financial and technical assistance.
In particular, Eduards Stiprais confirmed the EU’s interest in
supporting the activities of Multi-Partner Trust Fund for Human
Security for Aral Sea region.
The ambassador noted that parties should jointly consider the
possibility of using the appropriate EU financing instruments for
Trust Fund due to the specifics of EU financial and technical
assistance in Uzbekistan, namely the development of rural
regions.
The parties also discussed issues of attracting EU assistance in
the process of Uzbekistan’s accession to the World Trade
Organization.
Ambassador Stiprais supported the position expressed by Uzbek
side regarding the need for a clear distribution of areas of
assistance in the context of each donor. In this regard, the
European side expressed its readiness to synchronize its activities
with other donors, regarding the provision of assistance to the
process of Uzbekistan’s accession to the WTO in order to avoid
possible duplication.
EU allocated 5 million euros for Uzbekistan to support the
project on WTO accession which will be implemented by the
International Trade Center (ITC) of the United Nations Conference
on Trade and Development trade organization.
At the same time, taking into account EU procedures for
approving projects, the Delegation of the European Union confirmed
that ITC will soon begin practical implementation of the project
without waiting for the completion of these procedures.
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