Russia-Uzbekistan Trade Surges to Over $10 Billion in 2024
In 2024, trade turnover between Russia and Uzbekistan is expected to surpass US$10 billion, with a growth rate of 5.2%. Increased Russian tourism and extensive educational cooperation reflect the strengthening bilateral ties. Meetings between officials emphasize a commitment to enhancing partnerships.
In 2024, trade turnover between Russia and Uzbekistan is poised to exceed US$10 billion, as confirmed by Russian First Deputy Prime Minister Denis Manturov and Uzbekistan’s Deputy Prime Minister Zhamshid Khodjaev during their recent meeting. The anticipated increase in trade represents a growth rate of 5.2%, highlighting the robust dynamics of both Russian exports and imports from Uzbekistan. The significant collaboration is reflected in the 39 visits made by heads of Russian regions to Uzbekistan over the past year, emphasizing a strong commitment to enhancing bilateral relations.
Additionally, Russian tourist interest in Uzbekistan has notably risen, with approximately 515,000 visitors recorded in 2024. This increase underscores the growing people-to-people connections between the two nations. Educational cooperation is similarly thriving, as 14 branches of Russian universities now operate within Uzbekistan, marking a record presence among Central Asian countries. Such developments underline the deepening ties between Russia and Uzbekistan in various sectors.
The anticipated trade turnover between Russia and Uzbekistan exceeding US$10 billion in 2024 underscores the strengthening partnership between the two nations. The increase in trade, tourism, and education exemplifies their commitment to fostering economic cooperation and cultural exchange. Comprehensive collaboration across different sectors suggests that both countries are actively enhancing their bilateral relations for mutual benefit.
Original Source: tvbrics.com
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