ANKARA, October 12. /Dunyo IA/.   The second meeting of the joint working group on trade between the Ministry of Investment, Industry and Trade of Uzbekistan and Ministry of Trade of Türkiye has been held in Ankara, reports Dunyo IA correspondent.

During the negotiations, parties discussed measures to increase bilateral trade turnover to 5 billion dollars, including the elimination of existing tariff and non-tariff barriers and the facilitation of market access for goods from both countries.

Special emphasis was placed on agriculture, electrical engineering, light industry and other priority sectors possessing the potential for expanding reciprocal supplies.

Meeting participants also reviewed prospects for cooperation in technical regulation, standardization, and product conformity assessment. The possibilities of mutual recognition of conformity certificates and the simplification of customs procedures were discussed separately.

To accelerate the resolution of issues related to technical requirements and conformity assessment for electrical engineering products, the parties agreed to establish a technical working group involving relevant specialists.

Within the framework of the meeting, technical consultations were conducted on signing an expanded version of the Preferential Trade Agreement between Uzbekistan and Türkiye. The parties discussed broadening the scope of the document, establishing mutually beneficial trade conditions and providing additional opportunities for exporters from both nations.

Following the meeting, a protocol of the trade working group meeting was signed, solidifying the reached agreements.