Tashkent, Uzbekistan, Oct. 20
By Diana Aliyeva– Trend:
The annual Uzbek-Kazakh business forum and cooperation exchange were held in Tashkent, the Uzbek Chamber of Commerce and Industry said in a message.
According to the message, the Uzbek Chamber of Commerce and Industry and Kazakh Invest National Company and the Kazakh Ministry for Investments and Development organized the events.
More than 30 Kazakh companies involved in pharmaceutics, machine-building, construction, food, chemical, packaging, light industries took part in the event.
Those companies produce passenger cars, electric boilers, transformers, metal tiles, aluminum profiles, cement, paint and varnish materials, pipes and fittings, oil, flour, frozen fish, medicines, caustic soda and others.
Over 200 companies with Kazakhstan’s capital currently operate in Uzbekistan. The volume of trade turnover between the countries amounted to $2 billion in 2016. The trade turnover increased by 35 percent in January-August 2017.
Meanwhile, Uzbekistan and Kazakhstan signed contracts totaling $1.2 billion following two business forums held in Astana in March and in Tashkent on September 16.