Uzbekistan, Azerbaijan Go Over Multilateral Project Funding Prospects
Date
2/22/2024 1:08:25 AM
(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, February 22. Uzbekistan
and Azerbaijan discussed mechanisms of financing and realization of
more than 20 projects in the spheres of automobile construction,
textile industry and silk breeding, Trend reports.
The discussion took place at a meeting between Uzbekistan's
Minister of Investment, Industry and Trade Laziz Kudratov with the
director of Uzbek-Azerbaijani investment Company Nazim Hajiyev on
February 17.
The sides stressed the importance of continuation of consistent
work on creation and development of "Brain Center" under the
Investment Company for generation and analysis of promising
projects. The readiness of the Uzbek side to provide all-round
support to the center's activity was expressed.
During a meeting, it was announced that Uzbekistan's embassy was
implementing four investment projects worth $115 million in
cooperation with Azerbaijan.
The good news is that, from now on, Uzbek nationals can stay on
the territory of Azerbaijan without registration for 15 days.
According to Uzbekistan's Ministry of Internal Affairs,
amendment is connected with the entry into force of the protocol on
making additions and amendments to the agreement between Uzbekistan
and Azerbaijan on visa-free travels of both countries' citizens,
signed on June 18, 1997.
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