Sunday, December 10, 2023
7 C

Macroregional Context




Major e-commerce players from Russia sign new memorandums with Uzbekistan

Russia and Uzbekistan sign a number of documents at the regional forum in Kazan: 3 interregional and 7 commercial agreements in various industrial sectors

Among the commercial agreements is a memorandum between the Ministry of Digital Technologies of Uzbekistan and the Russian marketplace Wildberries on cooperation in the field of e-commerce, as well as a memorandum of understanding between the khokimiyat of the Tashkent region and the marketplace on cooperation in the construction of a multimodal logistics center in the Tashkent region.

It was reported in November 2022 that Wildberries intends to build a logistics complex for the implementation of finished products from Uzbekistan – textiles, leather goods, building materials, and electrical engineering – directly in Tashkent. The project was estimated at $130 million.

Following the forum, Wildberries announced that the company’s logistics hub will be built in the Tashkent region. The planned area is over 150,000 square meters. The khokimiyat of the Tashkent region will allocate 29.4 hectares of land to Wildberries. The online platform plans to invest around $140 million in the construction of the logistics facility. The message emphasizes that this hub could become the company’s largest logistics center outside of Russia and will create more than 7,500 jobs for residents of Uzbekistan. The facility is scheduled to open in 2025.

A memorandum of understanding and development of e-commerce, as well as the improvement of mechanisms for cross-border trade and the development of entrepreneurship in Uzbekistan, was also signed between the Chamber of Commerce and Industry of Uzbekistan and the Russian marketplace Ozon, as well as a comprehensive action program between the Uzbek-Russian and Russian-Uzbek business councils to expand cooperation between business communities.

The Uzbekistan-Russia regional forum is being held for the third time. It was attended by 3,000 participants from all regions of Uzbekistan and 20 regions of Russia.

Related Articles

Annual volume of e-commerce in Kazakhstan has reached $2.86 billion

In 2022, the sales volume in the retail e-commerce market in Kazakhstan reached $2.859 billion, which is $660 million (or 30%) more than the...

Ozon to establish trade and logistics network in Kyrgyzstan

Russian e-commerce marketplace Ozon, one of the leaders in the sector, will open a logistics center in Kyrgyzstan in May, according to Alexey Sapon,...

A unified payment system proposed for Central Asian suppliers of goods and services

The Minister of Investments, Industry and Trade of Uzbekistan Laziz Kudratov proposed to create a single payment system for the countries of Central Asia....