Tashkent, Uzbekistan (UzDaily.com) - A meeting was held at the Ministry of Investments and Foreign Trade with Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the Republic of Germany G. Overfeld.

During the meeting, issues of current investment and trade and economic cooperation were discussed in the key to dynamically strengthening economic relations between the two countries, expressed in specific figures - for example, only last year, trade between Uzbekistan and Germany grew by 40 percent and reached to about US$1 billion.

High interest was noted by German government and business circles in enhancing bilateral cooperation within the framework of established mechanisms, including through close joint work to implement the agreements reached at the regular meetings of the Intergovernmental Commission on Trade and Economic Cooperation, the Intergovernmental Working Group on Trade and Investment, as well as the Uzbek-German Business Council, created at the initiative of 50 leading companies in Germany.

A number of topical issues were discussed, including the elaboration of intergovernmental agreements on financial and technical cooperation, measures to accelerate the implementation of joint investment projects and trade agreements, and consideration of new opportunities for expanding the scope of partnership.

The dialogue also touched upon the 85th Green Week 2020 international fair, which was held in mid-January of this year, the largest exhibition event in the field of agriculture, food production and gardening, in which agricultural producers from Uzbekistan also showed significant the country's export potential in this sector.

Special attention was paid to the Tashkent International Investment Forum, scheduled to be held in March of this year, and to the possibilities of cooperation in this direction. The German side expressed its readiness to assist in promoting this platform among the business circles of Germany and attracting leading companies to participate in this event.

In addition, agreements were reached on a number of organizational issues related to the holding of the Days of the Economy of Uzbekistan in Bavaria during 2020 and the Days of the Economy of Bavaria in Uzbekistan, as well as the holding in Tashkent in the second quarter of this year of the next round of intergovernmental consultations on financial and technical cooperation between the Republic of Uzbekistan and Germany.