Today, international trade is a fundamental part of the economic activity of Uzbekistan. Continuing reforms in this area allow expanding markets for Uzbek goods and services.

Iran and Russia, two major powers of the region, continue fruitful economic cooperation. The statistics on trade turnover between the two countries show significant growth.

The trade turnover between Azerbaijan and Switzerland in January-May 2019 amounted to $881 million, which is 8.8 times more than during five months last year, Azerbaijani Economy Minister Shahin Mustafayev said at the eighth meeting of the Azerbaijani-Swiss intergovernmental commission in Bern, Trend reports.

The foreign trade turnover of Uzbekistan amounted to $15.76 billion in January-May 2019. Thus, it grew by $3.02 billion, or 23.7 percent compared to the same period of last year.

Kazakhstan, the second largest economy of the Eurasian economic union (EAEU), is an active supporter of Eurasian integration, which is explained by the economic interests and the geopolitical position of the country.

The volume of trade turnover of Tajikistan with the CIS countries in January-April 2019 increased by 5.4 percent compared to the same period in 2018.

Kazakh and Kyrgyz Chambers of Commerce and Industries (CCI) are trying to improve business cooperation and enhance trade and economic relations.

Kazakhstan and Iran are building relations at the level of bilateral cooperation and the friendly relations between the two countries are strengthening.

Iranian Ambassador to Russia Mehdi Sanai and Russian Deputy Minister of Industry and Trade, Georgy Kalamanov, have explored the possibilities of expanding trade and economic cooperation between the two countries at a meeting in Moscow.

The pace of economic development of Kyrgyzstan surprised all experts.