Uzbekistan and China discussed issues of cooperation in the field of organizing international exhibitions and attracting investments

    Investments 24 October 2024 2104

    On October 23, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov met with Chairman of the Chinese company SINOMACH International Xia Wendi.

    The main topic of the meeting was to discuss the possibilities of cooperation in the field of organizing international exhibitions and attracting investments.

    SINOMACH International is a holding subsidiary of SINOMACH (China National Machinery Industry Group), one of the largest Chinese industrial holdings, and specializes in organizing and holding large-scale exhibitions both in China and abroad. The company annually organizes more than 50 exhibitions of various scales, covering an area of over 3 million square meters, and is included in the list of the 50 best exhibition organizers according to the international classification.

    During the meeting, the parties discussed the possibility of holding joint exhibitions in Uzbekistan and China in order to strengthen bilateral economic ties and promote international cooperation. The importance of the exchange of experience in the field of specialized exhibitions was noted and interest was expressed in the implementation of joint projects aimed at attracting investment and strengthening economic ties.

    In turn, Xia Wendi expressed readiness to deepen cooperation with Uzbekistan and noted that the company sees great potential in organizing exhibition events that can contribute not only to the exchange of technologies, but also stimulate business activity and expand business opportunities for both countries.

    Following the meeting, the parties worked out a format for further cooperation and reached an agreement on holding a series of joint exhibitions in Uzbekistan and China in order to enhance further trade and economic cooperation.