(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, February 29. Israel has
ratified Uzbekistan's application to join the World Trade
Organization, Trend reports.
According to the Uzbek Embassy in Israel, both sides signed the
relevant documents.
“Deputy Prime Minister of Uzbekistan Jamshid Khodjaev and
Minister of Economy of Israel Nir Barkat signed Israel's approval
of Uzbekistan's application to join the WTO,” the embassy of
Uzbekistan in Israel said.
Nir Barkat noted that strengthening economic cooperation between
the two countries has great opportunities for Israeli
companies.
Uzbekistan was granted observer status in the General Agreement
on Tariffs and Trade in June 1994, and in 1998, a working
negotiating group on accession to the WTO was established.
In June 2022, the Uzbek side started negotiations with WTO
member countries on the terms of accession to the organization. In
order to join the WTO, Uzbekistan will need to obtain the consent
of all member states of the organization.
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