EU issues 5m euros to project to support Uzbekistan’s accession to the WTO
28/01/2019 13:47
EU issues 5m euros to project to support Uzbekistan’s accession to the WTO
28/01/2019 13:47
Tashkent, Uzbekistan (UzDaily.com) -- The European Union provided Uzbekistan with 5 million euros for a project to support the country’s accession to the World Trade Organization (WTO). This was stated by the press service of the Ministry of Foreign Trade.
On 21 January 2019, the Ministry of Foreign Trade of the Republic of Uzbekistan held a meeting with the Head of the EU Delegation to Uzbekistan, Ambassador Eduards Stiprais.
The parties discussed the prospects for further multidimensional bilateral cooperation, as well as expanding cooperation in the field of trade and financial and technical assistance.
In particular, during the conversation, Eduards Stiprais confirmed the EU’s interest in supporting the activities of the Multi-Partner Trust Fund for Human Security for the Aral Sea region. The ambassador noted that in connection with the specifics of the EU financial and technical assistance in Uzbekistan (rural development), the parties should jointly consider using the appropriate EU financing instruments for the Trust Fund.
The parties also discussed issues of attracting EU assistance in the process of Uzbekistan’s accession to the World Trade Organization.
Ambassador Stiprais supported the position expressed by the Uzbek side regarding the need for a clear distribution of areas of assistance in the context of each donor. In this regard, the European side expressed its readiness to synchronize its activities with other donors, in part regarding the provision of assistance to the process of Uzbekistan’s accession to the WTO, in order to avoid possible duplication.
The head of the technical cooperation section of the EU Delegation in Uzbekistan, F.Bejo, who was present at the meeting, confirmed that the EU allocated EUR 5 million for Uzbekistan to support the WTO accession project, which will be implemented by the International Trade Center (ITC) of the United Nations Conference on Trade and World Trade Organization.
At the same time, taking into account EU procedures for approving projects, the Delegation of the European Union confirmed that ITC, without waiting for the completion of these procedures, will soon begin practical implementation of the project.
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