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Uzbekistan, Japan interested in boosting economic co-op

Business Materials 15 July 2015 12:07 (UTC +04:00)
Uzbekistan and Japan discussed the prospects for developing the bilateral relations in political, cultural, humanitarian and other spheres, as well as some regional problems.
Uzbekistan, Japan interested in boosting economic co-op

Tashkent, Uzbekistan, July 15

By Demir Azizov- Trend:

Uzbekistan and Japan discussed the prospects for developing the bilateral relations in political, cultural, humanitarian and other spheres, as well as some regional problems.

The discussions were held during the meeting of Uzbekistan's Foreign Minister Abdulaziz Kamilov with Japan's Parliamentary Vice-Minister for Foreign Affairs Kentaro Sonoura in Tashkent, Uzbek Foreign Ministry said.

The sides praised the results of the meeting of Uzbek-Japanese and Japanese-Uzbek economic cooperation committees held in Tokyo in January 2015.

During that meeting, the sides signed a large package of investment and loan agreements and technical assistance projects. The total cost of the agreements stood at $3.8 billion.

Kamilov and Sonoura focused on cooperation in the format of "Central Asia + Japan" dialogue, as well as the relations within international organizations.

The sides also exchanged views on the practical issues related to the forthcoming bilateral contacts at various levels.

They reiterated mutual interest in further boosting the cooperation primarily in trade and economic sphere.

The volume of Japanese investments in Uzbekistan's economy exceeds $2.5 billion for the present. Japan invests in the projects in the sphere of railway transport, oil and gas, projects in energy sphere, telecommunications, textile industry and etc.

Such large Japanese corporations as Mitsui, Mitsubishi, Itochu and Marubeni have opened representative offices in Uzbekistan.

Edited by SI

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