BAKU, Azerbaijan, July 18. At the 12th meeting of the Azerbaijan-Uzbekistan joint intergovernmental commission in Azerbaijan’s Shusha, an agreement was signed between the Ministry of Economy of Azerbaijan and the Fund for Reconstruction and Development of Uzbekistan, Minister of Economy of Azerbaijan Mikayil Jabbarov tweeted, Trend reports.
"The agreements envisage the establishment of an Azerbaijani-Uzbek Investment Company, as well as the development of cooperation in the field of energy. The implementation of these documents will further strengthen our economic partnership and foster closer cooperation between the business circles of both countries," the minister said.
The trade turnover between Azerbaijan and Uzbekistan from January through May 2023 amounted to $76.7 million, of which 52.2 million accounted for Uzbek exports and 24.5 million for imports.
