Mirziyoyev and WTO director-general Okonjo-Iweala meet to advance Uzbekistan's accession bid

Mirziyoyev and WTO director-general Okonjo-Iweala meet to advance Uzbekistan's accession bid

Mirziyoyev and the WTO chief Okonjo-Iweala weighed up developments in accession efforts. / Uzbek presidency

By Mokhi Sultanova in Tashkent June 11, 2024

President of Uzbekistan Shavkat Mirziyoyev last week welcomed Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), in Tashkent for a meeting to discuss Uzbekistan's ongoing efforts to join the global trade body.

Discussions cantered on practical steps Uzbekistan has taken towards WTO accession.

Two sessions of the WTO/Uzbekistan accession working group have taken place.

Talks have started on agricultural support conditions. Efforts to harmonise national legislation with WTO norms are continuing.

The meeting also looked at building green economy cooperation, advancing e-commerce and increasing the export of digital services.

A proposal was made to establish a Center for Competence in Trade Policy in Uzbekistan. It would be aimed at bolstering the skills of local professionals in international trade regulation, with support from the WTO.

Okonjo-Iweala met with university students.

She was awarded an honorary doctorate from the University of World Economy and Diplomacy.

Uzbekistan officially resumed its WTO accession process in July 2020.

In May, it was announced that Uzbekistan aims to join the WTO before the 14th ministerial conference in Cameroon in 2026.

On June 3, Mirziyoyev signed a decree to accelerate market reforms and align national legislation with WTO agreements.

#Mirziyoyev #Okonjo-Iweala #accession #Uzbekistan #WTO #Trade #Reform

Read in IntelliNews Pro

Get IntelliNews Pro

Related Articles

COMMENT: Unlocking the “search-for-yield” investment opportunities in frontier market landscapes

Since the start of the ‘new economy’ era, the 21st century, the financial markets in the developed economies have undergone multiple evolution cycles, eventually maturing to the point of ... more

Uzbekistan acclaims surge in self-made businesswomen

The number of women who have started their own business in Uzbekistan has approximately doubled to more than 200,000 in the past five years, a meeting held at the Senate of the Oliy Majlis ... more

Uzbekistan's largest iron ore deposit Tebinbulak to boast Triangul Metals pelletizing plant

Construction has begun on a new pelletizing plant at Uzbekistan's largest iron ore deposit, Tebinbulak. Operations are slated to commence in the fourth quarter of 2025, GMK Center ... more

Dismiss

Chat with usLiveChat