Agreement reached to establish joint foreign trade company

As reported at the media briefing by the leaders of Uzbekistan and Kazakhstan, an agreement has been reached to form a working group headed by deputy prime ministers and establish a joint foreign trade company to ensure smooth delivery of products to be substituted.

In addition, such large-scale projects as construction of a thermal power station in Samarkand region, production of complex and phosphorus plants in Tashkent region, creation of a logistics centre, and construction of residential and commercial infrastructure in Tashkent have been completed. Also planned are the production of cars in Kostanai and the production of household appliances and housewares in Karaganda Region. By launching such major projects as car manufacturing, they have given a new impetus to the development of partnership in this area.

It was also noted that new projects will be undertaken in construction and modernization of power, geological exploration and deep processing of natural gas.

To further expand the cooperation in food security, the two sides agreed to grow a variety of agricultural goods in the territories of the two countries and supply them to each other's markets. Concrete measures have been identified to further increase transport and transit capacities and intensify projects for the construction of new railways and motorways.