Friday, 01, March, 2024

Today on February 8, Tashkent hosted the Uzbekistan-Slovenia business forum with the participation of senior officials of ministries, departments, industry associations and more than 100 representatives of businesses of the two countries.

The Uzbek delegation at the forum was headed by Deputy PM Jamshid Khodjaev, while the Slovenian delegation was headed by Deputy PM/ Foreign Minister of Slovenia Tanja Fajon.

The parties emphasized the upward trend of two-way trade, the volume of which increased by almost 40% over the past year. This became possible largely due to Uzbekistan obtaining the status of a beneficiary of the Generalized System of Preferences GSP +. To increase trade figures, the parties agreed on facilitating doing business for the businesses of the two countries. The agreements were inked by the agreement on economic cooperation between Uzbekistan and Slovenia signed during the current business forum.

Also, the sides considered presentations and dialogues of business circles, the prospects for establishing partnerships in the automotive industry, the production of components, metal products, hydraulic turbines, pumps and the joint production of pharmaceuticals. The parties explored possibilities of setting up of an agro-industrial complex for the implementation of joint projects in animal husbandry, horticulture and seed production, as well as organizing the activities of a branch of the large Slovenian retail chain Mercator Group in Uzbekistan.

At the end of the event, the participants expressed their commitment to further enhance economic cooperation between Uzbekistan and Slovenia, establishing strong business contacts and providing comprehensive support to entrepreneurs in the implementation of joint projects and initiatives.

The forum continued with B2B and B2G sessions, during which the parties exchanged views and proposals in the context of developing new investment projects and establishing close trade relations, which is designed to bring cooperation between countries to a new level of cooperation.

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