BAKU, Azerbaijan, August 15. Uzbek Republican Commodity and Raw Materials Exchange is planning to open a representative office in Italy, Trend reports via Uzbek media outlets.
This was discussed during a meeting of the President of the Italian Imagro Group company Massimo Pollio with Deputy Chairman of Uzbek exchange Nabikhon Samatov and adviser to the chairman of the exchange Khikmatullo Tillaboev.
During a meeting, particular attention was paid to the opportunities and prospects of the exchange, efforts to develop new markets in foreign countries and work with foreign business circles. Interest was expressed in establishing contacts with Italian companies and developing mutually beneficial cooperation.
Khikmatullo Tillaboev familiarized the Italian side with the activities of the exchange and provided detailed information about the participants of the exchange, the list of goods traded, the agreements being implemented and the scope of the contracts.
The President of Imagro Group expressed his readiness to establish cooperation with the Uzbek exchange, open a trading platform in Uzbekistan and establish a long-term partnership.
The Italian side emphasized its readiness to assist Uzbekistan in expanding trade relations not only with Italy but also with companies from neighboring countries, including Romania, Greece, France and other countries.
As a first step, Massimo Pollio suggested opening a representative office of the Uzbek Commodity and Raw Materials Exchange at the Imagro Group office in Milan. He also announced his readiness to sign a memorandum of understanding to create a certain legal framework for partnership.