China and Uzbekistan on Wednesday vowed to deepen security cooperation within multilateral frameworks for the lasting peace, stability and common development in the region and the world at large. The two countries made the announcement in the China-Uzbekistan Joint Statement, which was issued during Uzbekistan President Islam Karimov's two-day state visit in China, upon which the two sides signed more than 25 bilateral cooperative agreements.
Beijing agrees to invest more than $ 5 billion in the Uzbek economy, not only in the traditional energy sector, but also in banking, as well as in infrastructure development. Leading Chinese banks agreed to open credit lines worth $1.5 billion to four Uzbek banks to help implement various investment projects. The two countries also agreed to construct the Uzbek spur of the Central Asia-China natural gas pipeline, which will allow Uzbekistan to supply an extra 25 billion cubic metres annually to China. On company level, Uzbek state-owned oil and gas company Uzbekneftegaz has signed a deal with Chinese real estate and gas conglomerate Xinjiang Guanghi Industry Investment Group to transport liquefied national gas (LNG) to China and Kazakhstan, the Chinese firm announced on Tuesday. The deal signed on Saturday stipulates that the two firms will jointly transport 600 million cubic meters (mcm) of gas from Uzbekistan.
Moreover, China and Uzbekistan have signed a 700 million yuan bilateral currency swap deal. The People's Bank of China said the 700 million yuan deal was aimed at boosting trade between the two countries. Also, Chinese President Hu Jintao expressed support for Uzbek accession to the World Trade Organization, according to the Chinese Foreign Ministry. And Karimov defended China's positions on Taiwan, Tibet and other territorial issues.
Articles referred to in this post:
"Президент Узбекистана прибыл в Китай" (President of Uzbekistan visits China)
"Китай и Узбекистан намерены продвигать дальнейшее развитие двухсторонних отношений" (China and Uzbekistan plan to promote further development of bilateral relations)
"Китайский триумф Ислама Каримова" (The Chinese triumph of Islam Karimov)
"Китайские банки предоставили Узбекистану кредитные линии на сумму $1,5 млрд" (Chinese banks agreed to open credit lines worth $1.5 billion to four Uzbek banks)
"Uzbekneftegaz, Chinese conglomerate sign gas delivery deal"
"Центробанки Узбекистана и Китая подписали валютное своп-соглашение" (Central Bank of Uzbekistan and China signed a currency swap agreement)
"乌兹别克斯坦和中国商定建设对华输气管道三期工程" (Uzbekistan and China agreed to build the third-stage gas pipeline project)
"乌兹别克斯坦称与中国签署50多亿美元的投资协议" (Uzbekistan and China signed more than 50 billion dollars investment agreement)
"Китай поддерживает узбеков в ВТО, дает 1,5 млрд. кредита" (China supports Uzbek WTO accession, giving 1.5 bln credits)
No comments:
Post a Comment