UZBEK-RUSSIAN ECONOMIC AGREEMENT SIGNED

March 3, 1994 - On 2 March, the first day of an official visit to Moscow by Uzbekistan's President Islam Karimov, the Uzbek leader met with his Russian counterpart Boris Yeltsin and the two heads of state signed an agreement on economic integration, Russian media reported. The agreement provides for Uzbekistan and Russia to coordinate economic reforms and fiscal policies, encourages ties between enterprises in the two countries, and ensures the mutual convertibility of the two currencies. Karimov, who has been pressured by Russian officials to accept the concept of dual citizenship, was reported to have said that introduction of dual citizenship might be counterproductive for Russia. The Uzbek president emphasized the importance to Uzbekistan of its relationship with Russia, stressing his country's dependence on Russian military and technical expertise.


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