Russia, Uzbekistan seek USD10B exchange income| MENAFN.COM

Monday, 06 February 2023 03:09 GMT

Russia, Uzbekistan seek USD10B exchange income


(MENAFN) Russia and Uzbekistan target to collect USD10 billion of two-sided exchange capacity, Russian Premier Mikhail Mishustin stated on Friday.

While giving a speech at a Russian-Uzbek business meeting in Samarkand, Uzbekistan, Mishustin stated certainty that equally helpful ventures are going to support reach this ambitious goal.

The premier regretted that exchange, industry, as well as logistics, damaged because of the COVID-19 epidemic, were additionally damaged by activities of the Western nations, which put in uncertainty such key business notions as reputation, inviolability of property, binding contracts, and trust in world currencies.

"In this situation, it is only possible to effectively confront existing and future challenges together. Our country remains open to cooperation with friendly states," he stated, also mentioned that Uzbekistan is one of the nations with which Russia is creating ties according to principles of equality, joint respect, as well as consideration of each other's interests.

"The expansion of logistics schemes, the formation and improvement of transit transport corridors will make a significant contribution to the modernization of economic sectors, and, of course, which is natural, will increase the competitiveness of business," he stated.

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