TASHKENT, Uzbekistan, February 12. The
Uzbekistan-Latvia Business Forum will be held in Tashkent on March
5, Trend reports via
the Investment Promotion Agency of Uzbekistan.
The event is expected to serve as an effective platform for
direct dialogue between the business communities of the two
countries, facilitating the exchange of practical experience and
the development of sustainable partnership ties.
The forum will showcase the economic and investment potential of
Uzbekistan and Latvia, as well as explore specific opportunities
for implementing joint projects.
Participants will also discuss priority and prospective areas of
bilateral cooperation aimed at expanding trade, investment, and
long-term business engagement.
Uzbekistan and Latvia maintain a strong and stable partnership,
enhancing their relationship over the past five years with a
threefold increase in trade and joint ventures. Key aspects include
active political dialogue aimed at economic cooperation, with
Latvia being a crucial economic partner in Central Asia. Trade
between the two countries has increased significantly, with joint
ventures and exports from Uzbekistan to Latvia tripling in the five
years leading up to 2025. A Latvian Investment and Development
Agency (LIAA) representative office operates in Tashkent, and the
Uzbek Commodity and Raw Materials Exchange (UZEX) has a trading
platform in Riga.
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