Tuesday, April 16, 2024
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Macroregional Context




Uzbekistan and the Czech Republic signed agreements worth over €800 million

Czech President Petr Pavel met with Uzbekistan’s Prime Minister Abdullah Aripov, who led the government delegation during an official visit to the country.

The meeting discussed the prospects for developing cooperation between trade, economic, energy, transport, tourism, cultural, humanitarian, higher education, and research institutions. The delegation also visited a number of enterprises to familiarize themselves with high-tech production processes.

Investment and trade agreements worth more than €800 million were signed following the visit to the Czech Republic.

Uzbekistan is interested in exporting finished products that meet European Union standards and technical regulations. In this regard, Uzbekistan and the Czech Republic have agreed to cooperate in the field of testing for certification of industrial products produced in Uzbekistan with the CE mark.

Currently, there are about 50 enterprises with Czech capital operating in Uzbekistan. In January-August, the volume of mutual trade increased by almost 2.5 times. This was also facilitated by the fact that Uzbekistan joined the European Union’s Generalized System of Preferences (GSP+).

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