(MENAFN- AzerNews) The 12th meeting of the Joint Intergovernmental Commission on
Cooperation between the Republic of Azerbaijan and the Republic of
Uzbekistan was held in Shusha. Minister of Economy, and co-chair of
the joint commission Mikayil Jabbarov stressed that this event is
the first meeting of the intergovernmental commission organized in
Shusha and expressed satisfaction that it is being held jointly
with friends from Uzbekistan, Azernews reports.
The Minister of Economy noted that our peoples and countries
have friendly relations and are united by a common history, roots,
traditions, and culture. The head of the Ministry of Economy
stressed that the events organized to expand ties are an important
factor in the development of relations. It was noted that mutual
relations with Uzbekistan are developing incrementally.
Informing about the Azerbaijani-Uzbek economic relations, the
Minister of Economy noted the expansion of trade, economic and
investment partnerships. The creation of the Azerbaijan-Uzbek
Investment Fund will give an additional impetus to the development
of investment cooperation.
Topical issues on the bilateral agenda include the development
of cooperation between regions, as well as in the fields of energy,
industry, especially automotive, agriculture, transport and
transit, healthcare, tourism, culture, and education.
During the meeting, information was provided on a favorable
business environment, mechanisms to increase economic activity, and
reintegration measures implemented in the territories liberated
from occupation. It was emphasized that Uzbekistan is building a
school for 960 pupils in the city of Fuzuli, and gratitude was
expressed to the fraternal country for participating in the
restoration of Karabakh.
The Minister of Investments, Industry and Trade of Uzbekistan
Laziz Kudratov expressed satisfaction with the commission meeting
in Shusha and highly appreciated the work carried out in Karabakh
and East Zangazur. It was noted that Uzbekistan is always ready to
contribute to the restoration and reconstruction work carried out
in the territories liberated from occupation. Laziz Kudratov noted
the successful partnership between our countries in various areas
and shared his vision of new areas of cooperation, the development
of business relations, and the implementation of joint
projects.
The event discussed the diversification of trade and economic ties,
and the development of partnerships in industry, energy,
agriculture, investment, and other areas.
A Protocol was signed following the results of the 12th meeting
of the Joint Intergovernmental Commission on Cooperation between
Azerbaijan and Uzbekistan. According to the document, it is planned
to expand cooperation in the areas of trade and the economy,
energy, transport, innovation and start-ups, healthcare,
pharmaceuticals, agriculture, tourism, food security, water
management, culture, humanitarian and social areas.
Also, an Agreement was signed between the Ministry of Economy of
Azerbaijan and the Fund for Reconstruction and Development of
Uzbekistan on the establishment of the Azerbaijan-Uzbek Investment
Company, as well as documents on expanding cooperation in the
energy sector.
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