The 1st Uzbek-Tajik Interregional Investment Forum takes place in Bokhtar
09/06/2021 13:29
The 1st Uzbek-Tajik Interregional Investment Forum takes place in Bokhtar
09/06/2021 13:29
Tashkent, Uzbekistan (UzDaily.com) - On 9 June, in the city of Bokhtar, on the eve of the visit of the President of the Republic of Uzbekistan to the Republic of Tajikistan, the 1st Uzbek-Tajik Interregional Investment Forum was held.
The event was attended by the First Deputy Prime Minister of the Republic of Tajikistan Davlatali Said, Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov, heads of ministries, departments, industry associations, commercial banks, chambers of commerce, heads of border regions of two countries, as well as about 300 entrepreneurs from various regions of Uzbekistan and Tajikistan.
Opening the forum, the heads of the delegations of the two countries noted the significant potential for expanding economic partnership, creating joint high-tech industries, establishing cooperative ties to produce popular products and developing promising markets, and called on representatives of the Uzbek and Tajik business communities for active and successful cooperation.
Speaking about the directions of strengthening trade, economic and investment partnership, the heads of the delegations of the two countries paid special attention to the development of interregional ties. It was noted that the geographical proximity and convenient logistics form unprecedentedly favorable conditions for the implementation of investment projects and the development of mutual trade. In this regard, it was emphasized that the leaders of the border regions of the two countries need to intensify joint work to develop new projects and support entrepreneurs in the implementation of joint business initiatives.
It was announced that in order to support and promote the implementation of promising joint projects in various sectors of the economy, an Uzbek-Tajik Investment Fund with an authorized capital of US$50 million is being created.
During the forum, the leaders of the regions and specialized departments of the two countries also made presentations, presenting in the format of presentations their vision of investment cooperation opportunities, as well as specific proposals for the joint implementation of new industrial cooperation projects in such industries as the automotive industry, textile, leather and footwear, food and electrical engineering. industry as well as agriculture. Also on the sidelines of the event, targeted meetings of the participants in the B2G and B2B formats and the ceremony of signing documents on the implementation of joint projects took place.
As a result of the forum, an agreement on cooperation was signed between the Export Promotion Agency under the Government of the Republic of Tajikistan and the Export Promotion Agency under the Ministry of Investment and Foreign Trade of the Republic of Uzbekistan, agreements on the organization of joint ventures for the production of cars, transformers, household appliances, the creation of intensive gardens, greenhouse complexes and enterprises for the cultivation and processing of agricultural and fruit and vegetable products, as well as a number of trade contracts. The total amount of the package of signed documents made up US$730 million.
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