Tashkent, Uzbekistan (UzDaily.com) -- On 16 February 2021, during the visit of the delegation of the Republic of Uzbekistan to Hungary, the Chairman of the CCI of Uzbekistan Adham Ikramov met with the President of the CCI of Hungary Laszlo Parrag.

The event was also attended by the Uzbek side: Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan F. Usmanov and Head of the Territorial Administration of the Republic of Karakalpakstan D. Joldasov.

During the talks, an exchange of views took place on the prospects of Uzbek-Hungarian relations in trade, economic, investment and other spheres. The issue of establishing cooperation between the Territorial Administrations of the Chamber of Commerce and Industry in the Republic of Karakalapakia and the Regional Chamber of Haidu Bihar was also discussed.

The main purpose of the event was to discuss issues of expanding trade between the two countries, creating conditions for trade between Uzbekistan and Hungary, as well as the implementation of investment projects.

Also, during the visit of the delegation of Uzbekistan to Hungary, a business meeting will be organized in the "B2B" format, which will be held during the Uzbek-Hungarian Business Forum with the participation of representatives of business circles of the two countries.

It should be noted that within the framework of the upcoming events, it is planned to sign an Agreement on the establishment of a Business Council and an Agreement on cooperation between the regional departments of the Chambers of Commerce and Industry of Uzbekistan and Hungary.

At the end of 2020, the trade turnover amounted to 109.3 million dollars. (+ 53.9%), including export - 538.3 thousand dollars, import - 108.7 million dollars. (+ 54.1%). As of January 2021, 10 enterprises with participation of the Hungarian side operate in the republic, 6 of which are joint ventures and 4 enterprises with 100% foreign capital.