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Economy Minister Shahin Mustafayev: Azerbaijan-Uzbekistan trade grew by 63%

14.10.2019,17:56


October 14, Fineko/abc.az. Currently, Azerbaijan is numbering up to 30 companies with Uzbek capital operating in the sphere of transit, trade, industry and services. Two countries’ trade turnover exceeded 46% in 2018 and grew by 63% for the first 8 months of 2019.

Economy Minister Shahin Mustafayev made a relevant statement during the meeting with Sardor Umurzakov, the Minister of Investment & Foreign Trade of Uzbekistan.

The economy minister pointed out that Azerbaijan and Uzbekistan have established a strong legal framework and signed more than 110 documents covering various spheres. He drew attention to the possibilities of expanding ties between both states in the field of industry, agriculture, tourism, trade, and investments.