(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, January 9. Minister of
Investment, Industry and Trade of Uzbekistan Laziz Kudratov met
with Suma Chakrabarti, Advisor to the President of Uzbekistan on
economic development, good governance and international
cooperation, Trend reports.
During the meeting, the sides discussed issues of improving the
processes of resolving contentious issues, introducing effective
mechanisms to promote the country's investment potential, as well
as measures to develop foreign trade.
Earlier, a protocol aimed at improving the investment
environment in Uzbekistan was signed during a session of the
Foreign Investors Council in Uzbekistan's Tashkent. The document
included proposals for enhancing the investment climate in
Uzbekistan.
Moreover, Uzbekistan has attracted more than $22 billion of
foreign investments in 2023.
According to the State Statistics Committee of Uzbekistan, the
total number of active firms and organizations with foreign
investments in Uzbekistan reached 13,353 in the first 11 months of
2023, highlighting the growing global interest in Uzbekistan's
commercial potential.
In addition, Uzbekistan's foreign trade turnover exceeded $50
billion from January through October of 2023.
As per data provided by Uzbekistan's State Statistics Committee,
the recorded number reflects a 25.2 percent increase of $10.3
billion compared to the same period last year.
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