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Uzbekistan Strengthens Ties With Germany On Investment And Trade Initiatives
(MENAFN- Trend News Agency)
TASHKENT, Uzbekistan, April 16. Minister of
Investments, Industry, and Trade of Uzbekistan, Laziz Kudratov,
held a meeting with a delegation from the German Development Bank
(KfW) headed by Christina Leibach, a member of the Bank's Executive
Board, Trend
reports, citing the Ministry of Investments, Industry, and Trade of
Uzbekistan.
During the discussion, the progress of projects in the areas of water supply, education, agriculture, alternative energy, chemical and pharmaceutical industries, mining, processing, and export of minerals, as well as infrastructure, was reviewed.
A framework for further cooperation was agreed upon, with the aim of implementing the agreements reached.
Meanwhile, trade turnover between Uzbekistan and Germany totaled $169.3 million in January 2025. This figure has increased by 75 percent year-on-year ($96.7 million in January 2024).
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