Uzbekistan: President's China Trip Yields Giant Rewards
Uzbekistan’s president went to China last week with great hope of landing major deals, and it would seem he was not disappointed.
As Uzbek media have reported, Shavkat Mirziyoyev came away from his May 11-15 trip with dozens of agreements under his belt worth a total of $23 billion. A whole array of sectors were covered, from energy to oil refining, and electricity to agriculture, chemicals to transport and communications, among others.
Mirziyoyev’s visit to China was subject of much exuberant coverage on the daily Ahborot news program upon his return.
Media have waxed lyrical about the prospects for Chinese-Uzbek trade, pointing out that while bilateral trade turnover is expected to reach $5 billion this year, it will hit $10 billion “in the nearest future.”
Getting down to brass tacks on Ahborot, the chairman of state oil and gas company Uzbekneftegaz, Alisher Sultanov, said in an interview that 10 separate deals worth $5 billion collectively were signed in the energy sector alone.
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