Uzbekistan inks cooperation agreement with Alibaba Group

The Export Promotion Agency of Uzbekistan has signed a cooperation agreement with China’s largest e-commerce giant Alibaba Group.

The document provides Uzbek entrepreneurs with unique access to the electronic B2B system and a separate section, thus granting them an opportunity to use the online marketplace. The Export Promotion Agency said it would cover the expenses of entrepreneurs related to registration and membership fees at its own expense.

"A special Made in Uzbekistan section will be created on the Alibaba platform, as a result, the products of domestic enterprises will be seen in more than 190 countries. We will support Uzbek companies in working with the platform, organize special seminars and trainings. Entrepreneurs will also have access to Alibaba's analysis and statistics mechanisms, which will allow them to optimize the capacities of their enterprises," Shohjahon Jumayev, representative of the Ministry of Foreign Trade has told domestic TV channel.

According to him, Uzbek entrepreneurs would be able to analyze the dynamics of sales, determine the most profitable products, plan supply and demand.

"The companies selected for this project will have the Global Golden Supplier status within a year. They will receive it free of charge at the expense of the Export Promotion Agency. Any Uzbek manufacturer exporting goods abroad will be able to take advantage of these opportunities," he added.