(MENAFN- Trend News Agency)
Uzbekistan's Deputy Minister of Foreign Affairs Furkat Sidikov
at an event in New Delhi on Tuesday said that his country wants to
enhance trade cooperation with the private sector in India.
Sidikov said that his country is building a“new Uzbekistan”
which has new investment potential and for that he would like to
enhance its role with India and have a new format of business
“We already have political understanding. I can tell you that
just last year we already have more than four contacts at a high
level, including personal talks and the videoconference. But now
it's time to enhance our trade and business cooperation, especially
between the private sector of two countries and it will help to
expand our relationship with India,” Sidikov said at a Federation
of Indian Chambers of Commerce and Industry (FICCI) event.
The Uzbek minister said that Uzbekistan wants to use the
Chabahar Port to access the Indian market. He also spoke on
potential sectors of cooperation between India and Uzbekistan.
These include pharmaceuticals, IT, healthcare, processing and
storage of agriculture products, and cotton.
“We believe that our economy could complement each other, not
compete”, he said.
Uzbekistan Ambassador to India Dilshod Akhatov too spoke on the
occasion saying that the“interest of Indian investors in
Uzbekistan is growing now.”
“The strengthening of long term strategic partnership with India
is one of the key priorities of the foreign policy of Uzbekistan,”
Akhatov said, adding,“Now, bilateral relations encompass a wider
canvas, including political and military issues, trade and
investment, and people-to-people ties.”
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