17 June 2004 08:48 RUSSIA, UZBEKISTAN PREPARING INVESTMENT PROJECT WITH GAZPROM TASHKENT. June 17 (Interfax) - Russian President Vladimir Putin said that Russia and Uzbekistan are working on a
major investment project, which will involve the Russian gas company Gazprom.
"All this is not the result of one or two days of work. It has taken years to achieve," Putin told
journalists in Tashkent on Thursday.
Confirming Gazprom's plans to invest $1 billion in Uzbekistan, the Russian president said that the company
"will be involved in extracting oil and gas as well as developing Uzbekistan's pipeline network."
Russian aircraft building companies have opened their plants in Uzbekistan to manufacture products for third
countries' markets, including China, which is an indication that Uzbekistan has a favorable environment for
investments.
"Russian business can be confident that it is possible to work in Uzbekistan without looking back on certain
unfavorable events in this country," Putin said.
[Interfax] |