Uzbek-Kuwaiti Business Forum: new horizons for cooperation

    Business 22 October 2024 702

    On October 18-19, the Uzbek-Kuwaiti business Forum was held in the city of Kokand, organized with the support of the khokimiyat of the Ferghana region.

    A business delegation headed by Ahmed al-Ilaj, Adviser on Economic Issues at the Ministry of Foreign Affairs of Kuwait, arrived to participate in the event, the Doone news agency reports.

    The delegation included representatives of the Ministry of Trade and Industry of Kuwait, the Committee of Industry, as well as managers and representatives of KAMCO Investment Co., Alkandari General Trading Co., Unique Goods, Unique Co. for Public Trading», «Zenith Business Solution», «Sky Logistics Gen. Trading Co." and "Golden Carpet".

    The forum was attended by Advisor to the Ministry of Foreign Affairs of Kuwait Ahmed al-Ilaj, Khokim of the Fergana region Khairullo Bozorov and his Deputy for Investments Nuriddin Mamazhanov. The participants were presented with a presentation of the investment and export potential of the region. B2B meetings were held between businessmen of Uzbekistan and Kuwait. The parties agreed to continue negotiations on promising areas of mutual cooperation.

    During the forum, Kuwaiti businessmen also visited the Kokand Free Economic Zone and met with its leadership. They were presented with the activities of enterprises operating in the Kokand FEZ, the possibilities of implementing new investment projects, as well as existing preferences and conditions.

    The activities of the enterprises "BBM", "Viqor Metan", "Mollis Textile", "Imkon Plast" and "Admiral Group" are also presented.

    During the event, agreements were reached on the export of saffron, dried fruits, vegetables and agricultural products to Kuwait.

    Next, a business delegation from Kuwait took an active part in the first international forum "Fergana is the pearl of the Valley. Prospects for investment and tourism".

    The forum was opened by Khokim of the Fergana region Khairullo Bozorov, who introduced the participants to the reforms in the field of trade, economy, investment and tourism in the country, their current results and the created attractive investment environment for local and foreign entrepreneurs.

    It should be noted that the Uzbek-Kuwaiti business forum continued on October 21 in the Syrdarya region, where the Kuwaiti business delegation got acquainted with the production activities of Peng Sheng Charm, Sirdarya Ceramic Production, AWP, Mega Lux, Modern Marble and the activities of enterprises in the Syrdarya FEZ"in Yangier.