Tashkent, Uzbekistan (UzDaily.com) -- On 10 May 2022, business circles of Uzbekistan and the Islamic Republic of Iran held negotiations in the B2B format at the International Hotel Tashkent.

The event brought together more than 70 representatives of the business circles of Uzbekistan and about 40 representatives of the Iranian business community. Also from the Uzbek side, representatives of a number of industry associations took part in it.

It should be noted that the delegation of the Islamic Republic of Iran included entrepreneurs of leading enterprises, the main emphasis was on long-term and effective cooperation with Uzbek enterprises.

The main purpose of the event is to discuss the current state and prospects of bilateral trade, economic and investment cooperation, as well as to strengthen cooperation between the two countries in creating additional opportunities for entrepreneurs.

It is worth noting that the economies of the two countries complement each other favorably, which forms the prerequisites for further building up cooperation in such areas as the textile, chemical, pharmaceutical, electrical industries, biomedicine, the production of building materials and agriculture.

It was noted that the ongoing reforms and the created investment climate and opportunities for small businesses provide a huge potential for business development in Uzbekistan.

During the event, entrepreneurs demonstrated their products and services to partners, and exchanged views on their export potential and cooperation priorities.