Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan and Germany aim to increase bilateral trade from US$1.4 billion to US$2 billion, an issue discussed during a meeting at Uzbekistan's Ministry of Investment, Industry and Trade with German Ambassador Matthias Vollert.
The parties reviewed prospects for strengthening trade, economic and investment ties, expanding industrial cooperation and implementing joint projects. Particular attention was paid to developing engagement with leading German companies.
Currently, 253 enterprises with German capital participation operate in Uzbekistan.
The meeting also covered preparations for an upcoming visit to Uzbekistan by a delegation from the Eastern Committee of the German Economy.
Another topic was the 18th meeting of the Intergovernmental Working Group on Trade and Investment, scheduled to take place in Berlin.
Following the talks, both sides reaffirmed their interest in expanding practical cooperation and strengthening business ties between the two countries.
