Saturday, March 25, 2023
15 C
Tashkent

Macroregional Context

CURRENCY EXCHANGE RATES

USD - United States Dollar
EUR
1.0728
CNY
0.1456
RUB
0.0133

LATEST MARKET STUDY

spot_img

Freight train leaves Uzbekistan for Lithuania for the first time

The first container train left Uzbekistan for Lithuania on December 5. The train with 80 twenty-foot containers will have to cross Kazakhstan, Russia and Belarus. The total length of the route is more than 4600 km. In the future, regular transportation of goods along the new corridor should be in demand by Uzbek exporters wishing to supply their products to Europe through the Baltic countries.

Earlier in August, a delegation headed by the Minister of Transport of Uzbekistan Ilkhom Makhkamov visited Lithuania. During the negotiations with the Minister of Transport of Lithuania Marius Skuodis, issues of developing cooperation in the field of transport and logistics, mutual provision of discounts for cargo transportation, creation of favorable conditions for national carriers were discussed.

The parties also agreed to start joint development of new partnership mechanisms aimed at diversifying Uzbekistan’s export routes in the European direction.

According to the vice-president of the Vilnius Chamber of Commerce, Industry and Crafts Tautginas Sankauskas, Uzbekistan is an extremely attractive partner for Lithuania, as it produces a number of goods in demand in Europe that Lithuania could import or supply to other countries.

Lithuania is one of the largest trading partners of Uzbekistan in the EU space and is among the ten partner countries with a high share in Uzbekistan’s imports.

Related Articles

Uzbekistan plans to create a transport corridor to Malaysia

It is planned to create a transport corridor between Central and Southeast Asia. Uzbekistan intends to build this logistical route through Kazakhstan, China, Laos,...

Uzbekistan agrees with Iran on cargo transit

Uzbekistan and Iran will develop cooperation in the transport sector. This was reported by the press service of the Ministry of Transport of Uzbekistan....

Latvia is going to become a transport hub for cargo transportation between Asia and Scandinavia

Rinalds Plavnieks, Chairman of the Board of Latvijas dzelzceļš, and Rovshan Rustamov, Chairman of the Board of Azerbaijan Railways CJSC, agreed on cooperation in...