China, Uzbekistan sign agreements worth $15 billion in Samarkand
ISTANBUL (AA) – China and Uzbekistan on Thursday signed agreements worth $15 billion in trade, investment, and financial and technical cooperation.
The deals were inked during a meeting between Chinese President Xi Jinping and Uzbek leader Shavkat Mirziyoyev on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Samarkand.
According to a statement by the Uzbek presidency, the two sides agreed to expand trade and economic cooperation, including through the development of e-commerce and implementation of industrial cooperation projects, primarily in areas such as the automotive industry, green energy, agriculture, and infrastructure development.
Calling for “intensification in inter-regional exchanges,” Xi and Mirziyoyev stressed the need to continue joint efforts to promote the peace process in Afghanistan and the war-ravaged country’s economic recovery, Uzbek news website Kun.uz reported.
They also called for “systemic interaction within the framework of international and regional structures, including the Central Asia-China mechanism,” the report added.
In Samarkand, China, Kyrgyzstan, and Uzbekistan also signed a trilateral memorandum of understanding regarding cooperation on a railway connecting the three countries.
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