Uzbek-Tajik Business Forum held in Tashkent

    On the eve of the visit of the President of the Republic of Tajikistan to the Republic of Uzbekistan, an Uzbek-Tajik business forum was held in Tashkent, which brought together more than 200 representatives of official and business circles of the two countries.

    The Forum was opened by Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov and First Deputy Prime Minister of the Republic of Tajikistan Davlatali Said.

    During the speeches, the heads of delegations of the two countries noted the significant potential for expanding economic partnership, creating joint high-tech industries, establishing cooperative ties for the production of demanded products and the development of promising markets and called on representatives of the Uzbek and Tajik business communities to actively and successfully cooperate, while emphasizing the readiness of the governments of the two countries to provide any necessary support in the implementation of joint projects.

    It was announced that in order to activate mutual trade and stimulate the development of industrial cooperation in the near future, it is planned to create a border trade and industrial zone "Uzbekistan - Tajikistan" in the area of the checkpoints "Oybek" and "Fotekhobod", where production facilities, logistics centers and the necessary infrastructure will be located.

    It was also announced the intentions of the two countries to intensify work on further deepening industrial cooperation in such areas as light industry, production of agricultural products and building materials, pharmaceuticals, electrical engineering, mining and energy. In this vein, the possibilities of the Uzbek-Tajik Investment Company established in 2021 as an effective tool for supporting private sector projects were emphasized.

    During the Forum, it was also told about joint projects and initiatives in the fields of transport and logistics and interregional cooperation.

    Also on the sidelines of the event, targeted meetings of participants in the "B2G" and "B2B" format were held. As a result of the forum, 75 trade and economic documents were signed in the amount of $ 1,062.6 million, the press service of the MIFT RUz reports.