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NEWS

Uzbekistan seeks EU tariff preferences

akipress.com
24 May 2018

The delegations of the Foreign Trade Ministry of Uzbekistan and the EU Working Party on Eastern Europe and Central Asia held talks on May 23 in Tashkent.

"One of the ways to improve trade with the European Union could be granting tariff preferences to Uzbekistan," Foreign Trade Minister Jamshid Hozhaev said.

Uzbekistan is interested in practical realization of the agreement on bilateral trade of textile products, he said.

"Despite it will be a year soon after the protocol with changes to the agreement on partnership and cooperation entered into force, customs authorities of the EU countries sill create obstacles to supply of Uzbek textile products," the Minister added.

The delegation of the Working Party said the EU will consider possible assistance in informing customs authorities and governments of the EU states about provisions of the textile protocol.

In 2017, trade of Uzbekistan with the EU countries was estimated at $2.5 billion, including $420.7 million export.