Uzbekistan and Azerbaijan Leaders Discussed Issues of Further Expansion of Mutually Beneficial Cooperation

On December 24, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a telephone conversation with the President of the Republic of Azerbaijan Ilham Aliyev.

At the beginning of the conversation, the President cordially congratulated the leader of Azerbaijan on his birthday, and wished him sound health, wellbeing and new successes, as well as peace and prosperity to the brotherly people of Azerbaijan.

It has been noted with deep satisfaction that owing to the regular and productive dialogue at the highest level, the Uzbek-Azerbaijani relations of strategic partnership and multifaceted cooperation have been developing dynamically in all areas.

Hence, the trade turnover has risen by 50% since early this year. The practical implementation of cooperation projects in the fields of energy sector, expansion of car production, cotton-textile and silkworm clusters, construction materials and other produce is underway.

A joint investment fund is being established to support promising cooperation projects.

The heads of states stressed the importance of building up the portfolio of direct trade contracts and long-term investment agreements.

It has been emphasized that a delegation from the Republic of Uzbekistan is staying in Baku these days to agree on the measures for accelerating the implementation of cooperation projects.

The conversation between the Presidents of Uzbekistan and Azerbaijan took place in a traditionally warm, open and friendly atmosphere.