Uzbekistan and Germany are ready for breakthrough development of bilateral cooperation
Info as published by the Uzbekistan Media : On May 2 this year on the eve of the visit of President of the Republic of Uzbekistan Shavkat Mirziyoyev to the Federal Republic of Germany, a joint business forum was held in Berlin, which was attended by over 250 leaders of large companies, holdings and industrial enterprises, banks, ministries, agencies and industry associations of the two countries.
In his welcoming speech, Jamshid Khodjaev, Deputy Prime Minister of Uzbekistan, stressed the active development of bilateral relations between Uzbekistan and Germany in recent years, which was achieved thanks to the trust and political will of the two countries.
The attention of German business circles was drawn to conditions created in our country for the comfortable work of foreign investors, as well as the strengths of the Uzbek economy. In particular, high human resource potential, strategic geographical position, free trade regimes with CIS countries, the GSP+ status, active efforts to join the World Trade Organization, rich resources of raw materials and direct support of the leadership and government in joint projects and initiatives were noted.
The most promising areas for building long-term cooperation are energy, chemical, food and textile industries, metallurgy, automotive industry, agriculture, production of building materials, electrical engineering, as well as pharmaceuticals and healthcare.
Representatives of German business circles gave a high appreciation of the results of economic reforms pursued in Uzbekistan, which have yielded, among other things, comfortable conditions for foreign investors working in the country. The sides expressed a firm commitment to step up cooperation and work out new joint projects.
The forum continued with B2B meetings and presentations of concrete cases and projects in various sectors of Uzbekistan’s economy.
Source : https://uza.uz/en/posts/uzbekistan-and-germany-are-ready-for-breakthrough-development-of-bilateral-cooperation_478929