Alexey Russkikh and Oleg Malginov Discuss Development of Trade and Economic Cooperation Between Ulyanovsk Region and Uzbekistan
The negotiations with the Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Uzbekistan took place at Innoprom International Industrial Fair on 25 April.
“For us, the promising areas are agriculture, food production, textile and automotive industries. It is also important to develop effective logistics for the existing trade flows. We are open for cooperation,” the Governor of Ulyanovsk Region emphasized.
Uzbekistan is one of the Ulyanovsk region's main trading partners. By the end of 2021, the region's trade turnover with the Republic reached more than $5 million and increased by 30.4% compared to the preceding period. The region exported products worth $4.1 million (land transport had the largest share).
UAZ has two distributors in Uzbekistan, while CTC Metallokonstruktsiya JSC has its own sales office. Since 2021, Ulyanovsk entrepreneurs have significantly expanded their presence in Uzbekistan as they are now supplying such goods as kitchen sinks, washbasins, finish hardware, gas boilers, interior doors and plywood on a regular basis.
Cooperation also continues in the education sector: currently, about 200 students from Uzbekistan are studying in universities of the region.