Uzbekistan - Japan: towards the development of interregional cooperation

    Business 14 December 2022 1033

    A forum was held at the Chamber of Commerce and Industry of the Japanese city of Osaka, which was attended by a delegation of the Fergana Region, the leadership of the Chamber of Commerce and Industry and the Osaka Business Development Agency, as well as more than 40 representatives of Japanese companies and entrepreneurs from the Fergana region working in Japan.

    The head of the Ferghana Regional Department of the Ministry of Investment and Foreign Trade, Ikboljon Ergashev, presented the investment and trade and economic potential of the Ferghana Region to the forum participants. During the presentation, special attention was paid to the growth of investment and export indicators of the region in recent years, including in the fields of industry, agriculture and tourism, as well as promising projects and initiatives proposed for implementation jointly with Japanese companies.

    Chinori Tokia, head of the Masui Company, which has been cooperating with Uzbekistan in the textile sector for many years, stressed the opportunities created for investment and export cooperation between the Fergana Region and Japan in the textile sector. He also noted a significant increase in interest in Uzbek textile products in the Japanese market.

    In turn, representatives of the Chamber of Commerce and the Osaka Business Development Agency voiced their readiness for mutually beneficial cooperation and shared concrete plans to deepen the partnership in the near future.

    The meetings organized during the business forum in the "b2b" and "b2g" format allowed to work out in detail the financial and technical aspects of the creation of joint ventures and the conclusion of mutually beneficial trade agreements

    As a result of the visit of the delegation of the Fergana region to Japan, five investment agreements were signed for a total of $ 81.5 million, the press service of the MIVT reports.