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By Trend

Uzbekistan and Russia will sign numerous joint intergovernmental and commercial documents, as well as commence construction of the first Uzbek nuclear power plant, Uzbek media reported citing Russia’s president as saying at a ceremony of presenting credentials of ambassadors.

The event took place in the Alexander Hall of the Grand Kremlin Palace. New ambassador of Uzbekistan to Russia, Botirjon Asadov, presented his credentials to Vladimir Putin.

“Uzbekistan is a strategic partner and an ally of Russia. Bilateral ties are deepening in all key areas: political, trade, economic, military and technical, cultural and humanitarian. I hope that during the upcoming state visit to Tashkent next week, we will have detailed negotiations with President Shavkat Mirziyoyev and will sign numerous joint intergovernmental and commercial documents,” the Russian president noted.

Putin added that he will take part in the opening and meeting of the Forum of Interregional Cooperation together with the president of Uzbekistan and will launch construction of the first Uzbek nuclear power plant by Rosatom.

Russia is one of the leading trade and economic partners of Uzbekistan. The Central Asian state is in the fourth place in terms of commodity turnover with Russia among the CIS countries. In 2017, it amounted to $3.6 billion and increased by 33.9 percent.

In January-February 2018, trade turnover increased by 50.2 percent and reached almost $600 million. Russia's exports grew by 59.7 percent, and imports by 28.1 percent. At the same time, the total investments from Russia to Uzbekistan exceeded $8.5 billion.

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