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Economy 29/11/2019 A delegation of Uzbekistan, headed by the chairman of the CCI of Uzbekistan, is on a working visit to India
A delegation of Uzbekistan, headed by the chairman of the CCI of Uzbekistan, is on a working visit to India

Tashkent, Uzbekistan (UzDaily.com) - On 27 November, a working visit of a delegation of the Republic of Uzbekistan headed by Chairman of the Chamber of Commerce and Industry Adkham Ikramov to India began.

On 28 November, a series of meetings of the Chairman of the CCI of Uzbekistan Adkham Ikramov with the State Minister of Foreign Affairs of India V. Muralidaran, the Minister of Chemical Industry and Fertilizers of India M. Mandavia, the Deputy Minister of Industry and Economics of India A. Vandahan took place in Delhi.

During the meeting, the current level of bilateral cooperation in the trade, economic and investment spheres, issues of implementing joint projects in the areas of health, pharmaceuticals, agriculture, ICT, oil and gas, chemical industry and education were discussed.

During the meeting, the parties also discussed prospects for the implementation of projects planned for financing by Eximbank of India

During the meeting of the head of the CCI A. Ikramov with the Minister of Chemical Industry and Fertilizers of India M. Mandavia, issues of cooperation in the field of the chemical industry were discussed.

  1. Mandavia, referring to cooperation in the field of pharmaceuticals, indicated great prospects for the creation of pharmaceutical production enterprises in Uzbekistan, which in the future will have the opportunity to enter the markets of Central Asia and the CIS.

He also pointed out the great demand in India for various types of fertilizers and suggested that Uzbek fertilizer producers become more active in participating in international tenders for the purchase of fertilizers held every month in India.

As part of the meeting, the parties agreed to hold on 29 November 2019 in Ahmedabad, a seminar (presentation) on the disclosure of investment opportunities for organizing pharmaceutical production in Uzbekistan, with the participation of companies from Gujarat that are potentially interested in entering the Uzbek market.

During the meeting with the Deputy Minister of Industry and Economy of India A. Wadhavan, practical issues of expanding mutual trade were discussed.

It was especially noted about the priority of establishing cooperation on automatic certification of products through inspection and licensing of manufacturing enterprises in Uzbekistan by specialists of the Bureau of Indian Standards (BIS), as well as mutual recognition of test results and certificates of compliance.

During the meeting, the issue of enhancing cooperation on a joint study to prepare an agreement on preferential trade between countries was separately discussed.

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