Russia, Uzbekistan to Sign $12 Bln Investment Projects, $3.8 Bln Trade Deals

© Photo : PixabayTashkent, Uzbekistan
Tashkent, Uzbekistan - Sputnik International
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Russia and Uzbekistan will sign a $12-billion package of deals on the implementation of major investment projects and $3.8-billion trade projects, Uzbek President Shavkat Mirziyoyev said Wednesday.

MOSCOW (Sputnik) — The Uzbek leader said his talks with Russian President Vladimir Putin addressed the issue of oil refining.

"During this visit we are signing a package of agreements for the implementation of major investment projects worth $12 billion and trade contracts worth $3.8 billion," Mirziyoyev said.

"We are interested in implementing promising investment projects, such as geological exploration, development of promising raw material deposits, creating enterprises for advanced gas processing," Mirziyoyev stressed.

Gas supplies from Uzbekistan to Russia will be significantly expanded, Mirziyoyev added.

Mirziyoyev's Moscow visit is considered to be the first one for the Uzbek leader during his tenure that started on February 14 after he won the election organized after the death of the previous country's President Islam Karimov.

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