Trade Turnover Volume Between Azerbaijan, Uzbekistan Increases
Date
9/10/2024 7:18:40 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 11. The Minister of
Investment, industry and Trade of the Republic of Uzbekistan Laziz
Kudratov held a meeting with the Ambassador Extraordinary and
Plenipotentiary of the Republic of Azerbaijan to Uzbekistan Guseyn
Guliyev, Trend
reports.
During the meeting, the parties welcomed the positive dynamics
of the development of trade, economic and investment relations
based on warm, trusting relations between the heads of the two
states.
Thus, by the end of 2023, trade turnover increased by 26.5%.
There are 230 enterprises with the participation of Azerbaijani
capital in the fields of trade, mechanical engineering and
metalworking, finance and insurance, real estate transactions,
energy, services, jewelry production, food and light industry
operating in Uzbekistan. A solid portfolio of large mutually
beneficial investment projects is being implemented on a reciprocal
basis.
Measures to accelerate the implementation of agreements reached
during the state visit of the President of the Republic of
Azerbaijan Ilham Aliyev to Uzbekistan in August of this year in
such sectors as urban infrastructure development, industrial
production, chemical industry and IT were discussed.
A unanimous opinion was expressed on the importance of building
partnerships between the business circles of the two countries and
developing interregional cooperation. In this context, readiness to
take the necessary measures to support business circles and further
strengthen cooperation in priority sectors was confirmed.
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