Tashkent, Uzbekistan (UzDaily.com) - On January 10 this year, Minister of Investment and Foreign Trade of Uzbekistan Sardor Umurzakov met with the Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Republic of Uzbekistan Shri Santosh Jha, during which the course of the current trade, economic and investment cooperation was discussed two countries.

The Ambassador Extraordinary and Plenipotentiary of the Republic of Uzbekistan to the Republic of India Farhod Arziev also took part in the meeting.

During the conversation, favorable conditions were also noted for expanding the scope of bilateral partnership, in connection with which special attention was paid to developing mechanisms to accelerate the implementation of joint initiatives, bearing in mind the implementation of investment projects and trade agreements.

In this context, it is worth emphasizing the importance of the Memorandum of Understanding signed in September last year to conduct a joint study of the possibility of signing the Preferential Trade Agreement.

The leadership of the Ministry expressed its readiness to accelerate the joint study and subsequent signing of the Agreement on preferential trade with the Ministry of Commerce and Industry of India and proposed to intensify cooperation in this direction.

They also discussed the preparations for the first meeting of the Uzbek-Indian Committee for the Coordination and Promotion of the Practical Implementation of Bilateral Documents - proposals for the timing, proposed location and agenda of the planned event were worked out.

Following the meeting, a program of operational interaction between the Ministry of Investment and Foreign Trade and the Embassy of the Republic of India in the Republic of Uzbekistan was successfully formed to successfully achieve the goals.