BAKU, Azerbaijan, July 16. Uzbekistan and
Latvia discuss bilateral trade and investment partnerships,
including opening of a Latvian trade house in Tashkent.


This is reflected in an official statement of the Ministry of
Investment, Industry, and Trade of Uzbekistan.


The discussions were held during a meeting between Minister of
Investment, Industry, and Trade of Uzbekistan Laziz Kudratov with
the Ambassador Extraordinary and Plenipotentiary of Latvia to
Uzbekistan, Girts Jaunzems.


During the talks, the parties reviewed the implementation of
decisions from the 9th meeting of the Intergovernmental Commission.
A key focus was placed on the establishment of a joint
Uzbek-Latvian Business Council and the planned opening of a Latvian
trade house in Tashkent. The officials also highlighted the
successful outcomes of the recent "Made in Uzbekistan" exhibition
held in Riga, which featured around 70 Uzbek enterprises.


The discussions identified several high-potential sectors for
expanding cooperation, including pharmaceuticals, the
agro-industrial complex, and the production of fertilizers,
packaging, and fish products. Additionally, the sides focused on
transport logistics, emphasizing the expansion of routes utilizing
Latvia's ports in Riga and Ventspils, increasing air cargo and
passenger traffic, and attracting Latvian investment to new
industrial projects across Uzbekistan.







"The parties confirmed their readiness for the consistent
implementation of planned initiatives and strengthening the
economic partnership," the ministry statement reads.


Meanwhile, Uzbekistan and Latvia have agreed to double their
bilateral road transport permit quota for 2027 following a meeting
of the Joint Commission on Road Transport.


"The parties agreed to double the quota for permit forms for
2027. This will further expand the capabilities of national
carriers to carry out international freight transport to Latvia and
the European Union," the statement of the Ministry of Transport
reads.


The discussions focused on key issues regarding the development
of bilateral and transit road cargo transportation, the
optimization of the permit system, and Uzbekistan's integration
into the multilateral permit system of the European Conference of
Ministers of Transport (ECMT). The delegations also reviewed
compliance with the European Agreement Concerning the Work of Crews
of Vehicles Engaged in International Road Transport (AETR),
technical vehicle inspections, and border control procedures.