TASHKENT, Uzbekistan, December 19. Over the
past eight years, trade turnover between Uzbekistan and Japan has
doubled, while the number of Japanese enterprises operating in
Uzbekistan has increased tenfold, Trend reports via the press service of the President
of Uzbekistan.
The figures were announced during a meeting held by President of
the Republic of Uzbekistan Shavkat Mirziyoyev with the heads of
leading Japanese companies, financial institutions, and business
associations.
The meeting was attended by Japan's Minister of Economy, Trade,
and Industry, Ryosei Akazawa, alongside senior executives from
major corporations, financial institutions, and banks, including
Sojitz, Sumitomo, Toyota, ITOCHU, Mitsubishi, Marubeni, Daito Trust
Construction, NEC, SBI Holdings, Ajinomoto, Japan Tobacco, Hitachi,
Mitsui, and others.
Furthermore, it was highlighted that, historically, Japanese
companies primarily engaged in contractor-based projects. However,
this trend has shifted, with Japanese firms now actively investing
in Uzbekistan's economy, establishing joint ventures, taking
leadership roles in management, transferring advanced technologies,
and contributing to the development of local human capital.
As a result of these transformative shifts, Japan has emerged as
one of Uzbekistan's most prominent economic and technological
partners.
President Mirziyoyev is currently on an official visit to Japan,
which runs from December 18 through 20. During this visit, he will
participate in the inaugural summit of the Heads of State of the
Central Asia + Japan Dialogue. The summit will explore avenues for
cooperation in several critical areas, including the green economy,
sustainable development, regional interconnectivity, fostering
partnerships, and advancing human capital development.
