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Bulgaria ready to support Uzbekistan by increasing product exports to EU countries

Uzbekistan Materials 24 April 2021 00:01 (UTC +04:00)
Bulgaria ready to support Uzbekistan by increasing product exports to EU countries

BAKU, Azerbaijan, Apr. 24

By Klavdiya Romakayeva - Trend:

Bulgaria announced its readiness to support Uzbekistan in expanding mutual trade, increasing the export of products to the EU countries within the framework of the GSP + system, Trend reports referring to the Chamber of Commerce and Industry of Uzbekistan.

It is reported that a meeting was held at the Chamber of Commerce and Industry of Uzbekistan with the President of the Association for the Promotion of Small and Medium Businesses - United Business Clubs (UBC) Halachev Veselin Savov.

The Uzbek side noted that Bulgaria is a promising trade and economic partner of Uzbekistan in the European Union.

Also, the Bulgarian side especially focused on the fact that Bulgaria considers Uzbekistan as its priority partner in Central Asia, with whom it would like to continue developing economic relations.

During the meeting, the Bulgarian side was familiarized with the economic potential of Uzbekistan, as well as promising cooperation projects. The Bulgarian side was also familiarized in detail with the measures taken in Uzbekistan to improve the investment climate and economic potential.

Further, the Bulgarian side made a presentation, where it acquainted with the activities of the Association for the Promotion of Small and Medium Businesses - United Business Clubs (UBC).

The Association for the Promotion of Small and Medium Businesses - United Business Clubs (UBC) is a large network of small and medium-sized enterprises representing over 2000 small and medium-sized enterprises in Bulgaria, as well as in Croatia, Macedonia, Romania and other European countries.

Following the meeting, the parties agreed to organize and hold an exhibition of products made in Uzbekistan ‘Made in Uzbekistan’ in the food, textile, electrical, chemical, leather and footwear industries. The parties also agreed to organize cooperation between the business circles of the two countries.

The Bulgarian side announced its readiness to support Uzbekistan in expanding mutual trade, increasing the export of products to the EU countries within the framework of the GSP + system. An agreement was also reached on signing a cooperation agreement between Uzbekistan and Bulgaria.

It was noted that currently, 27 enterprises with the participation of Bulgarian capital operate in Uzbekistan, including four enterprises with 100 percent Bulgarian capital.

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Follow the author on Twitter: @romakayeva

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