09.08.2022

On August 9, President Shavkat Mirziyoyev got acquainted with a presentation on the development and diversification of international transport corridors.

The industry and entrepreneurship are developing in Uzbekistan. Since the beginning of the year, 50,000 new enterprises have been established and the number of exporters has exceeded 7,5 thousand. The volume of exports increased to 1,3 times compared to last year and reached $8 billion 200 million.

Along with the manufacturing products, the establishment of ways to enter the world market is also of great importance. This is especially relevant when the logistics issue is acute all over the world today.

In this regard, the exporting enterprises are strongly supported by Uzbekistan. The deliveries of domestic products to 32 new markets have been established this year. The process related to joining the World Trade Organization (WTO) is also accelerating.

Taking into account the growth of freight transportation costs, the state provided 170 billion Uzbek soums to the exporters for partial compensation of expenses. The amount of subsidies for transportation costs for enterprises, exporting the finished products to Europe, has also been increased from 50 to 70%.

The products are shipped abroad mainly along 9 transport corridors. The current issues on each transport corridor, as well as the proposals for their solution, were also presented at the meeting.

«The development of the transport sector is an important factor in improving the competitiveness of the economy. The exports and investments shall increase when the cost of cargo transportation is low», Shavkat Mirziyoyev has noted.

The Ministry of Transport was tasked to work out the most optimal routes for entrepreneurs and achieve a reduction in their transport costs.

The importance of resolving the issues related to obtaining the additional permits for the transportation of export goods to Europe was emphasized. It was proposed to establish the joint transport companies with Pakistan and Turkmenistan for road cargo transportation.

The instructions were given to speed up the reconstruction of the «Kungrad – Beynau» highway and to fully utilize the railroad car-building capacities.