BAKU, Azerbaijan, February 19. The
Azerbaijan-Uzbekistan Investment Company (AUIC) may increase its
capital beyond the initial $500 million, Uzbekistan’s Ambassador to
Azerbaijan, Bahrom Ashrafkhanov, said during a roundtable titled
“Uzbekistan-Azerbaijan: Architecture of Allied Cooperation,”
Trend
reports.
“We are currently on the threshold of forming a new investment
package worth no less than $10 billion, which will cover key
sectors of the economy,” the ambassador stated.
According to Ashrafkhanov, around 20 priority areas have been
identified for expanding investment activity both in Uzbekistan and
Azerbaijan, as well as in external markets.
"Uzbekistan-Azerbaijan: Architecture of Allied Cooperation" is
the title of a roundtable discussion being held in Baku,
Azerbaijan. The gathering, which is hosted at the Uzbek Embassy in
Azerbaijan, brings together political analysts and specialists from
both nations.
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