WNAM MONITORING: President Shavkat Mirziyoyev chaired a meeting to discuss urgent foreign trade and transport logistics measures.
The recent military developments in the Middle East have further aggravated an already unstable global situation. This inevitably affects Uzbekistan’s foreign economic relations and access to international markets.
In this context, it was emphasized that it is essential to objectively assess the current developments and take prompt action in key areas such as foreign trade, investment, and transport.
In particular, it was noted that there is a pressing need to diversify export routes and redirect cargo to other, safer ports. According to preliminary estimates, this could increase transport costs by up to 30 percent. In this regard, instructions were given to coordinate alternative routes with partner countries and support export-oriented enterprises.
Leaders of the Ministry of Transport, the Ministry of Investments and Foreign Trade, the Chamber of Commerce and Industry, and other relevant agencies were tasked with closely cooperating with business entities, assisting them in export-import operations, and identifying new sales markets.
At the same time, the importance of maintaining steady production growth and price stability in the domestic market was emphasized.
