Azerbaijan, Uzbek Central Banks Discuss Future Co-Op Directions
Date
11/8/2022 8:11:37 AM
(MENAFN- AzerNews) By Ayya Lmahamad
The Azerbaijani and Uzbek Central Banks have discussed future
directions of cooperation, Azernews reports.
The discussion took place during the meeting between the
delegation of Uzbekistan's Central Bank, headed by Deputy Governor
Behzod Hamrayev, with the delegation of Azerbaijan's Central Bank,
which is on a visit to Uzbekistan.
'The delegation of the Central bank that is on a visit to the
Republic of Uzbekistan met with the delegation of the Central Bank
of Uzbekistan, headed by Behzod Hamraev, deputy Governor as part of
the '2nd #Uzbekistan Economic Forum' (#UEF22). The meeting
participants exchanged opinions on future directions of cooperation
between the Central Banks of #Azerbaijan and #Uzbekistan,' CBA
.
To note, Azerbaijan's Central Bank delegation is on a visit to
Samarkand to participate in the 2nd #Uzbekistan Economic Forum,
titled 'People at the Heart of Economic Reforms', being held on
November 3-4, 2022.
The forum focuses on strategic priorities and provides extended
discussions on macro stability, climate changes, the private sector
and human capital, lessons learned, and translation of policy
decisions to people and businesses.
Diplomatic relations between Azerbaijan and Uzbekistan were
established on October 2, 1995. The embassy of Azerbaijan in
Uzbekistan was established in August 1996, while the embassy of
Uzbekistan in Azerbaijan was opened in July 1998.
The friendly relations between the two countries are based on
shared values and historical ties, as well as a number of joint
statements and agreements signed during bilateral visits and
meetings.
The volume of trade turnover between Azerbaijan and Uzbekistan
amounted to $111.9 million in 2021.
--
Ayya Lmahamad is AzerNews' staff journalist, follow her on
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