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Uzbekistan eyes to attract Canadian financial and industrial companies

Uzbekistan Materials 2 June 2022 10:28 (UTC +04:00)
Uzbekistan eyes to attract Canadian financial and industrial companies
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, June 2. Uzbekistan plans to attract Canadian financial and industrial companies to invest and implement projects,Trend reports via Uzbek Ministry of Investments and Foreign Trade.

In this regard, on June 1 this year, Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov received the Ambassador Extraordinary and Plenipotentiary of Canada to the Republic of Uzbekistan Alison LeClaire.

During the meeting, the prospects for Canadian business in the mining, chemical, petrochemical and textile industries, as well as in agriculture in Uzbekistan were discussed.

The parties discussed the issues of development of mutual trade. Thus, in 2021 the Uzbek-Canadian trade increased by 40 percent, in connection with it the parties agreed to develop specific proposals for diversifying and increasing mutual supplies.

The parties also discussed the progress of work on Uzbekistan's entry into the World Trade Organization, the participation of the Canadian side in the implementation of projects and programs within the framework of the activities of the UN Multi-Partner Trust Fund for Human Security for the Aral Sea region, issues of establishing close ties and mutually beneficial cooperation between the regions of the two countries, in particular, between the Tashkent region and the province of Ontario, the Navoi region and the province of Quebec, as well as the Kashkadarya region and the province of Alberta.

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