Spain intends to allocate to Uzbekistan 150 million euros

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Spain intends to allocate to Uzbekistan of 150 million euros

Uzbekistan, Tashkent - Podrobno.uz AN. Spain intends to allocate to Uzbekistan 150 million euros preferential proceeds of credit for implementation of joint projects, the correspondent of Podrobno.uz with reference to the ambassador reports Spain in Uzbekistan Ibanyes Ignasio.

"We now work as it is planned to provide 150 million euros preferential proceeds of credit on implementation of joint projects in infrastructure creation, agriculture and the industry", – the ambassador to the correspondent of Podrobno.uz noted.

Also, according to him, planned in the near future carrying out meeting of the intergovernmental commission on economic cooperation which has to make active partnership of two countries.

Uzbekistan and Spain accumulation of volumes and the nomenclature of mutual commodity turnover which in January-July, 2017 made $ dollars 71,5 million has sufficient opportunities for expansion of investment communications. Following the results of the first five months of this year mutual trade grew by 60%.

the Republic is interested in in Uzbekistan, in particular by implementation of joint projects on creation of hi-tech productions in oil and gas, power and chemical branches, in spheres pharmaceutics, textiles, release of finishing materials and ceramic production.

In November of last year in Madrid the meeting of the Minister of Foreign Affairs Kamilov Abdulaziz with the Minister of Foreign Affairs and cooperation of Spain Alfonso Dastis took place. Then the parties signed the Agreement on air traffic and the Agreement between the governments about the international automobile transport.

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