The parties discussed issues of further strengthening trade and economic ties, the implementation of new major investment projects, and long-term cooperation in the field of processing and exporting agricultural products, the Duno news agency reports.

Following the meeting, an agreement was signed between BMB Holding and Agrotec to establish a new joint venture called AGROINVEST.

The purpose of this joint venture is to attract foreign investment, export from Uzbekistan deeply processed agricultural products, as well as natural saffron and products from it grown under the brand "BMB Za'faron" to the markets of the European Union through Austria. It is also planned to establish a system for importing various high-demand goods from Europe to Uzbekistan.

The new project will serve as an important basis for the further development of trade and economic relations between Uzbekistan and Austria, and will also contribute to the widespread promotion of high-quality Uzbek products on European markets.