Rostov region has prepared an agreement on bilateral trade and economic cooperation with Uzbekistan. The agreements envisage addressing the issue of labor migration and support for Russian exports in Uzbek markets.

After signing the document, entrepreneurs will be able to obtain administrative support, credit and insurance.

Also, the Don companies will get new financial instruments: credit and export factoring for repurchase of commercial deferral; financing of buyers through interbank loans; or direct credit to foreign buyers.

Rostov region is one of the ten largest exporters in Uzbekistan. This year positive dynamics of trade volume between Rostov region and Uzbekistan is observed. In the first quarter of 2021, trade turnover increased by 20.6 percent.

Made in Russia // Made in Russia

Author: Maria Buzanakova