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Uzbek entrepreneurs may launch assembly of agricultural machinery in Kazakhstan

Business Materials 14 April 2018 12:33 (UTC +04:00)

Baku, Azerbaijan, April 14

By Ali Mustafayev – Trend:

Uzbek entrepreneurs plan to launch a workshop for assembly of Uzbek agricultural machinery in Kazakhstan, representatives of Uzbek business circles said at a business forum in Tashkent, Kazakh media outlets reported.

The representatives of 19 Kazakh industrial companies held talks with counterparts from 60 Uzbek companies. The meeting was held within the framework of the Days of Almaty in Uzbekistan. The participants of the forum presented the investment opportunities of their regions.

Delegates stressed that economic cooperation between Kazakhstan’s Almaty region and Uzbekistan is intensively expanding. Trade turnover between Almaty region and Uzbekistan exceeded $36 million in 2017. Kazakhstan exports metal products and agricultural products to Uzbekistan. The list of products imported by Kazakhstan from Uzbekistan includes mineral fertilizers, fruits and vegetables.

"Plants for production of agricultural machinery are very much in demand for us. We are offered very good preferences for payment and services," said Uzbek entrepreneurs during the meeting.

Representatives of Kazakh companies, in turn, stressed the intention to increase the number of Kazakh products in the Uzbek market.

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