TASHKENT, May 26 (Xinhua) – Uzbekistan and Afghanistan will sign preferential trade agreement later year to increase trade turnover 2.5 times in coming years, the Ministry of Investment and Foreign Trade said on Wednesday. Uzbekistan.
The implementation of this agreement will help Uzbekistan and Afghanistan increase trade turnover between the two countries from the current $ 800 million to $ 2 billion annually, according to the ministry.
This was announced during talks between Uzbek Deputy Prime Minister Sardor Umurzakov and the head of the Afghan Presidential Administration, Mohammad Shakir Kargar, in the city of Termez, the administrative center of the Surkhandarya region.
The Uzbek side also welcomes Afghan businessmen to seek business in the free trade zone “Termez International Trade Center” located on the border with Afghanistan.
Uzbekistan shares a short border line with Afghanistan in the south and has participated in socio-economic revitalization and regional infrastructure projects, including the country’s railways and power lines.