Uzbekistan and Algeria discussed topical issues of trade, economic and investment cooperation

    Investments 4 July 2024 3003

    On July 3 of this year, Minister of Investment, Industry and Trade Laziz Kudratov held a meeting with Ambassador Extraordinary and Plenipotentiary of the Algerian People's Democratic Republic to the Republic of Uzbekistan Mohammad Irki.

    During the conversation, topical issues of current trade, economic and investment cooperation were discussed, as well as prospects for expanding partnerships in priority areas.

    Agreements were reached on taking the necessary measures to increase the volume of bilateral trade, as well as the creation of a joint working group to identify new areas of bilateral cooperation, establish partnerships between business structures, identify problems and factors hindering mutual trade relations and their prompt elimination.

    Following the meeting, the parties confirmed their readiness to increase the scale of cooperation, including in the fields of chemistry, electrical engineering, agriculture and food industry, oil and gas industry, as well as tourism, based on the existing experience of joint implementation of major mutually beneficial initiatives.