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NEWS AND EVENTS
January 23, 2014
Foreign trade surplus reaches US$1.3 billion in 2013
Foreign trade surplus of Uzbekistan made up US$1.3 billion in 2013, the President of Uzbekistan Islam Karimov said at the session of the Cabinet of Ministers of Uzbekistan on 17 January 2014.

The session summed up results of social-economic development of Uzbekistan for 2013 and approved main priorities of economic programmes for 2014.

Speaking at the session, Islam Karimov said despite unstable conditions in global markets, the exports of Uzbekistan grew by 10.9% in 2013. Foreign trade surplus of Uzbekistan made up US$1.3 billion in 2013. Gold-currency reserves of Uzbekistan rose by 2% in 2013 despite sharp fall of prices to precious metals, Uzbek head said.

He said that the share of ready competitive products is increasing in the exports of Uzbekistan. About 72% of exports fell to share of non-raw goods in 2013, which shows diversification of the economy.

The President of Uzbekistan Islam Karimov said that over 450 new enterprises started to export their products and services due to adopted measures on stimulating of exports. He recalled that the Fund on support of small and private entrepreneurship was created in Uzbekistan in 2013, which helped 153 businesses to sign export contacts for over US$56 million.

(Source: Uzdaily.com)


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