Posted: 07.02.2024 16:00:35

Belarus, Uzbekistan to implement $1bn+ of projects in 2024-2025

In 2024-2025, Belarus and Uzbekistan will implement projects worth over $1bn – as stated by Belarus’ Deputy Prime Minister Leonid Zayats on the sidelines of the 2nd Forum of Regions of Belarus and Uzbekistan in Tashkent

Prior to the start of the 2nd Forum of Regions of Belarus and Uzbekistan, Leonid Zayats held narrow-format talks with Uzbekistan’s Deputy PM Jamshid Khodjaev, discussing mutual co-operation across various spheres: from industry, processing, and agro-industrial complex to education, medicine, housing and communal services.

There are plans to set up joint production facilities in Uzbekistan to manufacture baby food, textiles, passenger transport, diesel generators. 

 Leonid Zayats said that in 2024-2025 the parties will implement 99 projects worth over $1bn. 

“These include export projects ($461m) and investment projects (about $350m), indicating that Belarus and Uzbekistan are reaching a higher level of mutual relations,” Belarus’ Deputy PM said. 

The implementation of projects that will form the basis of the roadmap for Belarus-Uzbekistan co-operation in 2024-2025 will be personally controlled by the two countries’ Deputy PMs. 

At the 2nd Forum, the parties will discuss co-operation in industry, agribusiness, education and healthcare. 

“We have no closed topics with Uzbekistan. We demonstrate good performance in trade: we have reached a trade turnover of over $600m and we see that there are opportunities to increase it,” Leonid Zayats noted.