Home breadcru News breadcru Cotton breadcru Uzbekistan, Belarus mull cooperation in cotton, petroleum

Uzbekistan, Belarus mull cooperation in cotton, petroleum

17 Sep '18
1 min read

Uzbekistan has invited Belarus to jointly initiate oil extraction and cotton processing, Uzbek President Shavkat Mirziyoyev said during his recent talks with Belarusian counterpart Alexander Lukashenko in Tashkent. He is hopeful of decent prospects in joint agricultural cooperation as well as agriculture in Uzbekistan is in a difficult condition.

Belarusian technology and Uzbek cotton and oil wells can combine and the products sold to European countries, a news agency quoted Mirziyoyev as saying.

Mirziyoyev also requested Belarus to open two or three university branches in Uzbekistan.

President Lukashenko expressed his positive response to Uzbek proposals.

The Uzbek-Belarusian Forum of Business and Interregional Cooperation, which met in Tashkent on September 12, signed 82 export-import contracts worth $193 million and reached agreements on investment projects worth $38 million, according to the Uzbek ministry for foreign trade.

The business forum outlined light, electrical, agricultural, mining, engineering and food industries, joint production of construction materials as the promising areas of bilateral cooperation. (DS)

ALCHEMPro News Desk – India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!