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'INNOPROM: Central Asia' Opens New Opportunities for Sverdlovsk Region’s Export Growth

October 3, 2024
There are currently 3,000 enterprises with Russian participation operating in Uzbekistan, involved in projects across key sectors such as the light, chemical, and mining industries; metallurgy; automobile and aircraft construction; pharmaceuticals; telecommunications; and digital solutions.

Energy partnerships are progressing well, with Russia supplying natural gas, oil, and oil products to Uzbekistan. Additionally, cooperation in nuclear energy, facilitated by Rosatom, is advancing.

Russian retailers and e-commerce companies are rapidly expanding their presence in the Uzbek market, and a decision has been made to establish production facilities in Uzbekistan for railroad engineering.

Among the promising areas for development, Mikhail Mishustin highlighted the potential for high-tech polymer production and the localization of civil unmanned aircraft systems and their components.

Uzbekistan’s participation in Eurasian integration offers further advantages for business, notably through access to new markets and the establishment of fair competition conditions.

Strengthening humanitarian ties remains a priority. Mishustin emphasized the importance of preserving the memory of the Great Patriotic War for future generations through joint projects in culture, science, and sports.

By the end of 2023, the mutual tourist flow between Russia and Uzbekistan had doubled to 1.2 million people. In the first half of 2024, it increased by an additional 12%. The Year of Tourism of Uzbekistan in Russia and the resumption of the Moscow-Tashkent passenger train service on September 24, 2024, are expected to further boost these numbers.

Source

Photo: Department of Information Policy of the Sverdlovsk region
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