Azerbaijani Entrepreneurs Keen On Exporting To Uzbekistan
Date
8/22/2024 6:10:39 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 22. Azerbaijani
entrepreneurs are showing a strong interest in exporting products
to Uzbekistan, executive director of the Azerbaijan Export and
Investment Promotion Agency (AZPROMO) Yusif Abdullayev said at the
Uzbek-Azerbaijani business forum in Tashkent, Trend reports.
Abdullayev noted that 67 Azerbaijani companies and
representatives from about 10 state institutions participated in
the forum, highlighting the significant interest of Azerbaijani
businesses in Uzbekistan. He added that the“Main Directions of
Economy - a Step to Joint Prosperity” exhibition showcasing
Azerbaijani products would begin today.
The Uzbek-Azerbaijani business forum, which kicked off in
Tashkent today, aims to strengthen economic ties between the two
countries, enhance cooperation, attract investments, and realize
joint projects.
The forum will serve as a platform for discussing ways to
increase trade, share experiences, and establish new business
partnerships.
Currently, a total of 236 Azerbaijani-capital enterprises
operate in Uzbekistan, including 62 joint ventures and 174 fully
foreign-owned enterprises. Additionally, 70 Uzbek companies are
active in Azerbaijan.
The trade turnover between Azerbaijan and Uzbekistan surpassed
$118.2 million from January to July 2024.
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