City
Epaper

Afghanistan, Uzbekistan ink $2.5 billion MoUs

By IANS | Updated: August 18, 2024 15:40 IST

Kabul, Aug 18 Afghanistan and Uzbekistan signed 35 memorandums of understanding (MoUs) worth $2.5 billion, the country's ...

Open in App

Kabul, Aug 18 Afghanistan and Uzbekistan signed 35 memorandums of understanding (MoUs) worth $2.5 billion, the country's acting Deputy Prime Minister for economic affairs office said in a statement.

The signing of the MoUs was overseen by Afghanistan's Acting Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar Akhund and Uzbekistan's Prime Minister Abdulla Aripov, as well as government officials and representatives of private sectors from both countries, reports Xinhua news agency, citing the ministry statement.

Among them, 12 MoUs were investment agreements valued at $1.4 billion, and 23 were trade agreements worth $1.1 billion, said the statement.

With the implementation of these agreements, the economic and trade ties between the two neighbouring countries are expected to boost significantly, it said.

The Afghan caretaker government has been calling upon local and foreign companies to invest in the war-ravaged country and enhance trade and economic relations with the regional nations.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other Sports16-year-old Tanvi Sharma crowned world number one junior women's singles shuttler

NationalStampede incident: K'taka govt to challenge CAT order of quashing suspension of senior cop

National'Comments twisted by media': Bengal Minister after facing backlash over Kasba incident remarks

Cricket"Second spinner won't be bad option if...": Indian skipper Gill ahead of Birmingham Test

AurangabadRasta Roko demanding arrest of former MP in Waluj

International Realted Stories

International14 million lives at risk as US slashes global health aid over next 5 years

InternationalIran says it "needs more time" before resuming nuclear talks with US

InternationalIndia and Bhutan deepen strategic defence cooperation during Army Chief's visit

InternationalJaishankar exchange view on deepening Quad engagement for free, open Indo-Pacific with Japan's counterpart

International"India does have to offer a lot....": Jaishankar jots down three aspects of India's growing global relevance