The Economic Deputy of the Prime Minister's Office announced in a press release the signing of 35 investment and trade agreements worth $2.5 billion between Afghanistan and Uzbekistan.
According to the Economic Deputy, 12 agreements worth $1.4 billion were signed in the investment sector, and 23 agreements worth $1.1 billion were signed in the trade sector in the presence of Mullah Abdul Ghani Baradar, Economic Deputy of the Prime Minister's Office, and Uzbekistan's prime minister, Abdulla Nigmatovich Aripov.
Mullah Abdul Ghani Baradar, the Economic Deputy of the Prime Minister's Office, stated, "Today is a very good opportunity to discuss the relations between the two countries and economic issues, especially railways, electricity, trade, transit, and visas."
Similarly, the Afghanistan-Uzbekistan trade meeting and the exhibition of Uzbekistan's products in Kabul were held with the participation of the Ministers of Industry and Commerce and the private sectors of both countries.
The Prime Minister of Uzbekistan, the Economic Deputy of the Prime Minister's Office of the Islamic Emirate, the Ministers of Industry and Commerce, and delegations from both sides, including representatives of the private sectors from both countries, visited the products of Uzbekistan at the exhibition.
Nooruddin Azizi, acting Minister of Industry and Commerce, at the Afghanistan-Uzbekistan trade meeting, highlighted the importance of bilateral cooperation between these two countries in the areas of trade, transit, and joint investments for the growth and development of the economies of both countries.
Azizi also urged Uzbekistan investors to invest in various sectors in Afghanistan.
The acting Minister of Industry and Commerce said, "We assure our friend and brother country, Uzbekistan, that work on the implementation of the agreed points in the meetings has begun by both countries, and good progress and achievements have been made."
The Minister of Investment, Industry, and Trade of Uzbekistan also emphasized strengthening cooperation between Afghanistan and Uzbekistan in the development of transportation, trade, transit, and bilateral investments in infrastructure projects. Laziz Kudratov stated that the efforts of officials from both countries to raise the level of trade between Uzbekistan and Afghanistan to three billion dollars are ongoing, and successes have been achieved in this regard.
The Minister of Investment, Industry, and Trade of Uzbekistan added, "Initially, in order to increase the volume of trade between our countries to three billion dollars, major plans have been set in motion. In this regard, from October 1 of this year, trade agreements with various benefits between the two countries will practically commence."
Meanwhile, Afghanistan's private sector expressed satisfaction with the expansion of bilateral cooperation between Afghanistan and Uzbekistan, stating that these two countries have great potential for developing trade.
At the end of this meeting, trade agreements were signed between Afghan traders and the Uzbekistan side to strengthen cooperation and expand trade between these two countries.
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