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Uzbekistan and EU Plan to Create a Council on Trade and Investment

The 12th meeting of the Uzbekistan-EU Cooperation Council wrapped up on May 18, which discussed a number of issues of strengthening bilateral relations.

The talks marked the progress made in the creating a Council on Trade and Investment and the willingness of both sides to establish a new body in the near future. The council aims to promote bilateral trade, investment, financial and technical cooperation between the EU and Uzbekistan. The EU also confirmed its readiness to assist the entry of Uzbekistan to the World Trade Organization (WTO).

In general, there is an intensification of the political dialogue between the parties in recent years. The EU wants to see Uzbekistan as an active participant in high-level dialogue between the European Union and Central Asian countries on security matters and to further strengthen cooperation in the field of border management and the fight against drug trafficking within the programs of BOMCA and CADAP.

The importance of EU programs was emphasized in the field of vocational-technical and higher education, which could contribute to the social and economic development of Uzbekistan. In this regard, Uzbekistan was invited to attend the meeting of Education Ministers of the EU and Central Asia in Riga on June 25 – 26, 2015.

The Uzbekistan - EU Cooperation Council also discussed the issues of the regional cooperation in Central Asia, as well as international issues.

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