President of Uzbekistan Shavkat Mirziyoyev and President of Italy Sergio Mattarella have signed quite a lot of paperwork following the assembly in Tashkent, Trend studies.
As a results of the talks, the events have adopted a joint assertion geared toward additional growth of strategic partnership and multifaceted cooperation between the 2 international locations.
Moreover, agreements on cooperation within the spheres of training, science, and know-how, in addition to innovation, and sports activities had been additionally signed.
Meanwhile, the commerce quantity between Italy and Uzbekistan stood at $157.5 million through the first 4 months of 2023.
Additionally, in 2022, the whole commerce turnover between these two nations reached $381.1 million. Notably, exports accounted for $51.3 million, marking a considerable year-on-year enhance of 27.8%, whereas imports amounted to $329.8 million, indicating a 15.5 % lower in comparison with the previous yr.
Furthermore, the mixed worth of collaborative ventures and initiatives between Uzbekistan and Italy stands at a formidable 9 billion euros.
Source: Businesslend