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China and Uzbekistan Aim to Boost Trade to $30 Billion

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الصين وأوزبكستان تستهدفان زيادة التبادل التجاري إلى 30 مليار دولار
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Editorial Team

The News

According to Anadolu agencies, an agreement was reached between Chinese President Xi Jinping and his Uzbek counterpart Shavkat Mirziyoyev to enhance trade exchange between China and Uzbekistan to $15 billion during their meeting on the sidelines of the SCO summit in Bishkek.

Analysis & Context

Analytically, this agreement reflects Beijing's strategic orientation in strengthening its economic ties with Central Asian countries. This region is crucial for Beijing due to its strategic location along land trade routes. In a broader context, the Shanghai Cooperation Organization serves as a crucial platform for regional cooperation, with member states working to strengthen economic and security relations among themselves.

Source: Anadolu Agency

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