BAKU, Azerbaijan, June 4. Representatives of
Uzbekistan and Iraq have agreed to strengthen trade, economic, and
investment cooperation, as well as to organize a visit by an Iraqi
business delegation to Uzbekistan later this month, Trend reports via the Uzbek
Chamber of Commerce and Industry.
The agreement was reached during a video conference between
Davron Vakhabov, Chairman of the Chamber of Commerce and Industry
of Uzbekistan, and Ibrahim Al-Baghdadi, Chairman of the Iraqi
Economic Council.
Discussions focused on expanding bilateral trade, economic, and
investment cooperation, and identifying new areas of collaboration
between business communities in both countries.
The parties agreed to arrange a visit by a delegation from the
Iraqi Economic Council to Uzbekistan in June, during which Iraqi
representatives are expected to hold a series of meetings with
Uzbek entrepreneurs and business leaders.
Participants also reviewed potential joint projects in several
sectors, including construction materials manufacturing, household
appliances, jewelry production, agricultural processing, and
industrial cooperation.
During the meeting, the establishment of direct air connectivity
between Uzbekistan and Iraq was also considered, which could
facilitate business travel and create additional opportunities for
trade and investment.
The sides emphasized that the planned initiatives would
contribute to strengthening ties between the business communities
of the two countries, increasing bilateral trade, and supporting
the implementation of new investment projects.
