Uzbekistan seeks to enter the Europe-China air cargo market


Uzbekistan 27 May 2020 (GNP): Uzbekistan’s President Shavkat Mirziyoyev has instructed the government to enter the Europe-China air cargo market to overcome the consequences of the COVID-19 pandemic.

The president Shavkat Mirziyoyev tasked the ministry of transport to develop a business model for Uzbekistan Airways and  Airports, as well as the development of rail and road transportation, the president’s press service said on May 25.

He also discussed with government officials the issues of transferring the management of Uzbekistan Airways to a foreign company, attracting new air carriers, and modernizing airports in the country, according to the press service. Uzbekistan’s transport companies have suffered a loss of over 33 million U.S. dollars due to the pandemic, and there are chances that the figure is likely to increase, the press service said.

Adding that Uzbekistan Airways and Uzbekistan Airports were already given loan extension and tax benefits worth millions of dollars.