About 600 bilateral accords totaling US$ 9 billion were signed as part of the second forum of inter-provinces cooperation between Uzbekistan and Russia, which was held in Moscow on November 17, the Ministry of Investment and Foreign Trade said.
Among the signed deals are 141 investment projects worth US$ 7.4 billion and 455 export contracts worth US$ 1.6 billion.
Investment projects will be accompanied by a joint project office established by the MIFT of Uzbekistan and the Ministry of Industry and Trade of Russia.
It was also announced at the forum that the regional administrations of the two countries would start working on 75 new investment projects in promising industries.
The program of the event included a plenary session, during which the Presidents of Uzbekistan Shavkat Mirziyoyev and the Presidents of Russia Vladimir Putin addressed the participants in a video message.
The Deputy PM/Minister of Investments and Foreign Trade Sardor Umurzakov and Minister of Economic Development of Russia Maxim Reshetnikov also made reports, providing information on the work done to establish ties between the provinces of the two countries and the development of joint interregional projects and initiatives.
The event brought together more than 800 participants - members of governments, heads of provinces, ministries, departments, industry associations, business associations, representatives of large companies and the private sector of the two countries.
The purpose of the forum is to create a common space for establishing and strengthening direct business contacts and interaction between the provinces of Uzbekistan and Russia.
Reportedly in 2021 more than 50 mutual visits took place; in recent months alone, the leaders of all 14 provinces of Uzbekistan have visited 42 constituent entities of Russia.
