BAKU, Azerbaijan, May 20
By Klavdiya Romakayeva - Trend:
The Ministry of Investment and Foreign Trade of Uzbekistan (MIFT) and JETRO, the Japanese Organization for the Development of Foreign Trade, signed a Memorandum of Cooperation on attracting direct investments of Japanese companies into Uzbek economy, Trend reports citing Uzbek ministry.
It is reported that the memorandum provides for the holding of business seminars for the Japanese business community on a monthly basis in all regions of Uzbekistan with the aim of broadly highlighting the investment potential and the created opportunities for doing business in Uzbekistan, taking into account the specifics of each individual region.
According to the information, the first seminar will be held on May 20 in the Tashkent region. Participation in it was confirmed by more than 100 representatives of Japanese companies that are part of JETRO. The next seminar is planned to be held in the Samarkand region.
JETRO has been operating in Uzbekistan since 2000. The main tasks of the company are to attract direct investments of Japanese companies in the country's economy, expand cooperation and exchange advanced technologies between industrial enterprises of the two countries.
JETRO, acting as the Secretariat of the Japanese Business Association in Uzbekistan, regularly promotes cooperation and information support to Japanese and Uzbek entrepreneurs and also holds regular seminars and meetings with the participation of Japanese companies in Uzbekistan. Since 2019, Uzbek MIFT has been actively cooperating with JETRO to hold joint events aimed at improving the investment image of Uzbekistan and attracting Japanese investments.
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