Uzbekistan and Germany will continue to work on technical cooperation

Business Materials 12 December 2011 08:35 (UTC +04:00)

Uzbekistan, Tashkent, Dec. 12 /Trend corr. D. Azizov/

Management of the Ministry of Foreign Affairs of Uzbekistan and the newly appointed head of the German Society for International Cooperation (GIZ) in the country, Karl Testensen discussed the achieved level of cooperation and ways to strengthen it further, the press service of the Uzbek Foreign Ministry reported.

The parties stressed the importance of implementing the agreements reached at the intergovernmental consultation on financial and technical cooperation.

Currently, within the framework of technical assistance of the government of Germany projects in the field of economic development of regions, small business and entrepreneurship, vocational education and training, health, agriculture and other areas realized.

The volume of grants involved for these projects amounts to 58.4 million euros, and all within the framework of financial and technical cooperation by the Government of Germany to Uzbekistan are more than 298.94 million euros.

The parties also discussed the promising areas of cooperation for the realization of joint economic and social projects, said the Foreign Ministry press service.

Germany is one of the main trade partners of Uzbekistan in Europe. In January - September 2011, bilateral trade volume between the countries amounted to 434.5 million dollars. In Uzbekistan, operate 114 enterprises established with participation of investors from Germany, the accredited representative of about 50 German firms and companies.