TASHKENT, Uzbekistan, February 24. Uzbekistan
and Belarus signed 12 documents during the 5th meeting of the
Uzbekistan–Belarus Business Council, Trend reports via the Chamber of Commerce and
Industry of Uzbekistan.
The agreements cover a broad range of key sectors, including
mechanical engineering and agricultural machinery, textiles and
light industry, pharmaceuticals, construction, food production,
exchange trade, and logistics.
The meeting was attended by Chairman of the Chamber of Commerce
and Industry of Uzbekistan Davron Vakhabov, Chairman of the
Belarusian Chamber of Commerce and Industry Mikhail Myatlikov,
heads of relevant ministries and agencies, industry associations,
and representatives of the business communities of both
countries.
Participants highlighted that the Business Council has emerged
as a powerful platform for enhancing direct partnerships among
entrepreneurs, fostering collaborative investment initiatives, and
tackling practical challenges in bilateral cooperation.
In the session, key focus areas for future collaboration were
pinpointed, encompassing agriculture and the food sector,
mechanical engineering, textile and leather-footwear production,
furniture manufacturing, and woodworking. The parties also explored
the initiation of new collaborative investment projects under the
auspices of industry commissions.
Currently, Uzbekistan is home to 242 enterprises with Belarusian
capital, comprising 57 joint ventures and 185 fully foreign-owned
businesses. The numbers clearly illustrate the growing and
substantial economic partnership between the two nations.
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