Business news
Belarus-designed dairy farm to be built in Uzbekistan
MINSK, 29 July (BelTA) – Plans are in place to build a commercial dairy farm to the Belarusian technologies in Tashkent Region, Aleksei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, told the media on the margins of the 1st Forum of Regions of Belarus and Uzbekistan in Minsk on 29 July, BelTA has learned.
“Zdravushka-Milk company from Borisov has a partner in Tashkent Region. They will together build a commercial dairy farm for 1,000 head in Uzbekistan. Plans are in place to set up a farm to the Belarusian design, a processing plant (to produce whole milk products to the Belarusian technologies), with equipment and livestock to be brought from Belarus,” Aleksei Bogdanov noted.
Belarus’ farm exports to Uzbekistan include poultry and beef, dairy products, sugar, confectionery and grocery. “Last year we exported $17 million worth of agricultural products to Uzbekistan. A store has recently been opened in Tashkent selling Belarusian goods, which we plan to stock with a wide range of goods to the amount of $800,000-900,000 per year. We are well positioned to build up our supplies to Uzbekistan. We have analyzed the annual import of Uzbekistan and identified the areas where we can increase supplies. These are powdered dairy products, dairy products, meat, breeding cattle. Last year we supplied 275 head of pedigree cattle to Uzbekistan to help it build up its dairy industry capacities. This year we intend to continue deliveries, with 91 head of cattle supplied in H1. This year we started to supply horses to Uzbekistan,” Aleksei Bogdanov noted.
The First Forum of Regions of Belarus and Uzbekistan is running in Minsk on 29-30 July and is dedicated to the the official visit of Uzbekistan President Shavkat Mirziyoyev to Minsk. The main event is the plenary session “Cooperation of Regions as the Key Factor in the Development of Interstate Relations”. Three panel discussions will focus on industrial cooperation, agro-industrial complex and cooperation in humanitarian matters, ICT, science.
Diplomatic relations between Belarus and Uzbekistan were established on 21 January 1993. In 2018, the parties celebrated the 25th anniversary of their establishment. In 2018, the bilateral trade amounted to $157.4 million (up by 20.2% over 2017). Belarusian merchandise export totaled $113.6 million (up by 18.2%). In January-May 2019 the bilateral trade made up $89 million (up by 14.6% year-on-year), with Belarusian merchandise export at $67.9 million (up by 14.3%).
In 2018 Belarus raised $2.2 million in investment from Uzbekistan (up 2.5 times over 2017), of them $2 million was direct investment (up by 2.3 times). In Q1 2019 Belarus attracted $874,600 in investment from Uzbekistan (up by 9%), including 869,900 in direct investment (up 20.6%).
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