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Russia to assess investment attractiveness of Uzbek regions

Business Materials 23 June 2021 18:10 (UTC +04:00)

BAKU, Azerbaijan, June 23

By Klavdiya Romakayeva - Trend:

An agreement was reached on joint work between Russia and Uzbekistan on introduction of a rating system for assessing the investment attractiveness of regions, Trend reports referring to the Ministry of Investment and Foreign Trade of Uzbekistan.

During his stay in Moscow, Deputy Prime Minister, Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov held a meeting with Director General of the Agency for Strategic Initiatives of Russia Svetlana Chupsheva.

It is reported that the parties discussed the prospects for establishing cooperation in a number of areas, meaning the development of proposals for promoting socio-economic reforms, ensuring breakthrough economic growth and improving the well-being of the people.

As a priority area of ​​interaction, the parties identified joint preparation of proposals for improving the investment climate, promoting reforms aimed at increasing the transparency of the business environment, developing highly effective investment projects, as well as assessing the effectiveness of state bodies in solving problems in the investment sphere.

In addition, an agreement was reached on joint work on the implementation in Uzbekistan of a rating system for assessing the investment attractiveness of regions and the quality of life of the population.

Following the meeting, further steps were outlined for practical interaction within the framework of the discussed areas of cooperation. The parties agreed to create a working group for interaction between the Ministry of Investment and Foreign Trade of Uzbekistan and the Agency for Strategic Initiatives of Russia.

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Follow the author on Twitter: @romakayeva

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