Tashkent, Uzbekistan (UzDaily.com) -- Today, on 10 February, a ceremony was held to sign a Memorandum of Understanding between the Chamber of Commerce and Industry of Uzbekistan (CCI) and the Regional Office of the Konrad Adenauer Foundation.

As part of the signed document, the parties agreed to establish cooperation for the implementation of joint activities to ensure favorable legal, economic and social conditions for the implementation of entrepreneurial initiatives, as well as the development of mutually beneficial partnerships between the business community and public authorities of the Republic of Uzbekistan. 

Also, within the framework of cooperation between the Chamber of Commerce and the Konrad Adenauer Foundation, measures are taken to develop and implement joint projects and conduct joint events (conferences, round tables, seminars, etc.) on priority issues for the Chamber of Commerce and local business, including in the field of promoting the “Anti-Corruption Business Charter of Uzbekistan”, improving arbitration courts in the regions of Uzbekistan, developing international arbitration, studying German experience in the field of business support, etc.

The Konrad Adenauer Foundation is a political foundation established in Germany in honor of Konrad Adenauer, the first German Federal Chancellor. His name is associated with democratic transformations in Germany, foreign policy strengthening in the transatlantic community of values, a vision of European unity and an orientation towards a social market economy.

Worldwide, over 70 offices and projects in more than 120 countries contribute to the promotion of democracy, the rule of law and the social market economy. In order to ensure peace and freedom, the Foundation maintains an ongoing foreign policy dialogue aimed at maintaining security, as well as the exchange between cultures.

The Foundation works in partnership with government agencies, political parties, and civil society organizations. Through goals and values, the Fund seeks to deepen regional and global political cooperation in the future, especially in the field of political development.