BAKU, Azerbaijan, August 22. Azerbaijani entrepreneurs are showing a strong interest in exporting products to Uzbekistan, executive director of the Azerbaijan Export and Investment Promotion Agency (AZPROMO) Yusif Abdullayev said at the Uzbek-Azerbaijani business forum in Tashkent, Trend reports.
Abdullayev noted that 67 Azerbaijani companies and representatives from about 10 state institutions participated in the forum, highlighting the significant interest of Azerbaijani businesses in Uzbekistan. He added that the “Main Directions of Economy - a Step to Joint Prosperity” exhibition showcasing Azerbaijani products would begin today.
The Uzbek-Azerbaijani business forum, which kicked off in Tashkent today, aims to strengthen economic ties between the two countries, enhance cooperation, attract investments, and realize joint projects.
The forum will serve as a platform for discussing ways to increase trade, share experiences, and establish new business partnerships.
Currently, a total of 236 Azerbaijani-capital enterprises operate in Uzbekistan, including 62 joint ventures and 174 fully foreign-owned enterprises. Additionally, 70 Uzbek companies are active in Azerbaijan.
The trade turnover between Azerbaijan and Uzbekistan surpassed $118.2 million from January to July 2024.
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