Uzbekistan and India discuss expansion of bilateral relations
Tashkent, Uzbekistan (UzDaily.com) -- The 11th meeting of the Uzbek-Indian intergovernmental commission for trade, economic and scientific and technical cooperation was held in Tashkent on 16 August with the participation of the Deputy Prime Minister of the Republic of Uzbekistan, the Chairman of the State Investment Committee Sukhrob Kholmuradov and the Minister Trade and Industry of the Republic of India Suresh Prabhu.
The delegation of business circles of India arrived in Uzbekistan to attend the event. The delegation included over 100 representatives of state bodies and companies of India.
The main agenda of the 11th meeting of the intergovernmental commission was devoted to the expansion and strengthening of cooperation between countries in such areas as information and communication technologies, innovations, tourism, medicine and pharmaceuticals.
Today, Indian companies in Uzbekistan operate in wholesale and retail trade, manufacturing, petroleum products and chemical products, textile and leather goods, food, services, agriculture and construction.
139 enterprises with the participation of Indian capital work on the territory of the republic, including 59 joint ventures with 80 percent and 100 percent foreign capital.
In recent years, taking into account the measures taken to create a favorable investment climate, there has been an intensification of Indian business in Uzbekistan, which is confirmed by an increase in the number of registered enterprises with the participation of Indian capital in 2018.
Following the meeting of the 11th Uzbek-Indian intergovernmental commission, a relevant protocol was signed.