Uzbekistan delivers investment projects to British business circles
Tashkent, Uzbekistan, Nov. 7
By Demir Azizov- Trend:
Uzbekistan presented the potential of investment opportunities in various sectors of the country's economy, including oil and gas, chemical, mining and processing, automotive, textile, pharmaceutical and construction industries at a meeting of the Uzbek-British Trade and Industry Council held in Tashkent Nov. 7.
A British delegation represented by more than 20 companies, was headed by Ambassador George Edgar, while an Uzbek delegation - Minister of Foreign Economic Relations, Investments and Trade Elyor Ganiev, who is also a co-chairman of the Council from the Uzbek side.
The Uzbek side also informed British colleagues about existing opportunities for foreign investors in the field of implementing high-tech projects in the free economic zones in Navoi and Angren cities. The sides also exchanged views on the projects in the fields of education, science, tourism, waste management, a clean development mechanism and energy conservation.
The Uzbek-British Trade and Industry Council was established as part of an intergovernmental agreement in 1994. The council is a forum. Both governments are using it to strengthen bilateral trade-economic relations and to assist British companies in the implementation of business activity in Uzbekistan.
The meetings of the Uzbek-British Trade and Industry Council are held annually - alternately in Tashkent and London.
The Uzbek-British foreign trade turnover amounted to about $ 100 million in 2013, according to the Uzbek Ministry of Foreign Economic Relations, Investments and Trade. At present, about 140 enterprises with British capital successfully work in the various sectors of the Uzbek economy. The representative offices of 88 British companies were accredited.
edited by CN