Mon, 13 Jul 2020

Uzbekistan eyes Europe-China air freight market

Xinhua
26 May 2020, 02:44 GMT+10

TASHKENT, May 25 (Xinhua) -- Uzbekistan's President Shavkat Mirzioyev has instructed the government to enter the Europe-China air cargo market to overcome the consequences of the COVID-19 pandemic, the president's press service said Monday.

The president tasked the ministry of transport to develop a business model for Uzbekistan Airways and Uzbekistan Airports, as well as the development of rail and road transportation, according to the press service.

Mirziyoyev also discussed with government officials about 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 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 of millions of dollars.

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