Azerbaijan, Uzbekistan Discuss Boosting Cooperation In Industry, Energy, Agriculture, Smbs
Date
6/21/2022 8:11:56 AM
(MENAFN- AzerNews)
By Ayya Lmahamad
Officials from Azerbaijan and Uzbekistan have held a number of
meetings to discuss the development of cooperation in the fields of
industry, energy, agriculture, investment, and SMBs.
A meeting was held between Azerbaijani Economy Minister Mikayil
Jabbarov with Uzbekistan's investment and Trade Minister, Deputy
Prime Minister Sardor Umurzakov.
During the meeting, the parties noted the high level of
Azerbaijani-Uzbek relations, the importance of mutual official
visits of the presidents, and negotiations in the development of
relations.
They emphasized that the successful implementation of the action
plan to develop cooperation between the two countries makes a
significant contribution to the expansion of bilateral
relations.
Moreover, the meeting was held between Azerbaijan's Agency for
Small and Medium Business Development Board Chairman Orkhan
Mammadov with the Commissioner for Protection of Rights and
Legitimate Interests of Entrepreneurship under the President of
Uzbekistan D. S. Kasimov.
The sides discussed the mechanisms of legal support for business
and the possibility of sharing experiences in this area.
On June 20, an Azerbaijani-Uzbek business forum was held in
Tashkent ahead of the visit of President Ilham Aliyev to
Uzbekistan. Within the forum, a number of agreements on the
implementation of joint projects, trade contracts worth over $500
million, as well as 10 agreements on practical cooperation between
ministries and agencies of the two countries were signed.
The volume of trade turnover between Azerbaijan and Uzbekistan
amounted to $111.9 million in 2021. Presently, around 195
Azerbaijani enterprises are represented in Uzbekistan, 69 of which
have joint capital and 126 of them have 100 percent Azerbaijani
capital.
--
Ayya Lmahamad is AzerNews' staff journalist, follow her on
Twitter: @AyyaLmahamad
Follow us on Twitter
@AzerNewsAz
- Tags:
- Azerbaijan
- Uzbekistan
- Azerbaijan's Economy Ministry
- Agency for Small and Medium Business Development
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