The head of Uzbekistan’s Ministry of Foreign Trade Jamshid Khodjaev has said Uzbekistan is committed to invest $500 million on the construction of railway track from Mazari Sharif city to Herat province.
Khodjaev reaffirmed Uzbekistan’s commitment during a meeting President Mohammad Ashraf Ghani and said the technical teams of the two countries should start work on a time schedule for the start of the works.
Calling Afghanistan an important partner of Uzbekistan in transport and transit sector, Khodjaev said the relations between the two countries grow as each day passes, noting a 19 per cent increase in trade between Uzbekistan and Afghanistan in 2017 while a 15 increase until May of 2018.
He also added that Uzbekistan is keen to invest on cement extraction and production in Afghanistan and efforts are underway to provide visa facilities to the Afghan traders as well as investment opportunities in Termiz Cargo Center.
The Uzbekistan delegation also added that work is underway to reactivate six textile companies in Afghanistan.
According to ARG Presidential Palace, President Ghani in his turn said Afghanistan has a major capacity in transit and transportation sector.
President Ghani also emphasized on bilateral trade between the two nations and said he will instruct the relevant institutions to prepare a list of the trad commodities that could be exported to Uzbekistan in a bid to ensure a trade balance between Afghanistan and Uzbekistan.