Diplomat: Uzbekistan and Germany do not use full potential of economic cooperation
18/09/2017 09:52
Ambassador Extraordinary and Plenipotentiary of Germany to Uzbekistan Neithart Höfer-Wissing
18/09/2017 09:52
Tashkent, Uzbekistan (UzDaily.com) -- Trade turnover between Uzbekistan and Germany reached US$520.1 million in 2016, Ambassador Extraordinary and Plenipotentiary of Germany to Uzbekistan Neithart Höfer-Wissing, who completed his diplomatic mission in Uzbekistan last week, said.
Ambassador noted that Germany took the 7th place in the general commodity turnover of Uzbekistan with other countries by the results of 2016.
Neithart Höfer-Wissing noted that Uzbekistan and Germany do not use full potential of economic cooperation. He noted that the Germany’s share in total turnover between two states is high.
The diplomat expressed hope that soon the trade turnover between the countries will be balanced and Uzbekistan will increase export of its products to Germany.
Neithart Höfer-Wissing stressed that Uzbekistan could export fruit and vegetable products to Germany.
Ambassador noted that Germany supports the reforms conducted under the leadership of the President of Uzbekistan Shavkat Mirziyoyev. In particular, he noted the policy of Uzbekistan to improve relations with neighboring countries.
At the same time, the diplomat advised the Government of Uzbekistan to reduce the role of the state in the economy and provide legal protection for investors. He added that investors come to countries where they are sure that their rights are protected.
According to him, German business deals more with state companies than with private entrepreneurs, who are more mobile, efficient in solving business problems and working without regard to their superiors.
Neithart Höfer-Wissing noted prospects of development of cooperation in the field of tourism. Ambassador said that Uzbekistan needs to improve its infrastructure and reform issues on obtaining visas and registration, which restrict the movement of tourists in Uzbekistan.
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