CCI of Uzbekistan and National Confederation of Entrepreneurs of Azerbaijan sign agreement on cooperation
21/02/2018 10:44
CCI of Uzbekistan and National Confederation of Entrepreneurs of Azerbaijan sign agreement on cooperation
21/02/2018 10:44
Tashkent, Uzbekistan (UzDaily.com) -- The Chamber of Commerce and Industry of Uzbekistan and the National Confederation of Entrepreneurs of Azerbaijan signed an agreement on cooperation.
The document was signed on 20 February within the framework of the Uzbek-Azerbaijani business forum and cooperation exchange.
More than 20 representatives of large Azerbaijani companies engaged in the field of textiles, oil and gas industry, publishing, printing, pharmaceuticals, medical products, construction, restaurant business, trade, packaging, ICT, as well as more than 50 representatives of large enterprises and companies from all regions of Uzbekistan took part in the forum.
During the event, issues of mutual cooperation on strengthening cooperation between entrepreneurs of the two countries were discussed.
Trade relations between the two countries are carried out in the free trade regime. In 2017, the trade turnover between two states reached US$31.2 million, including exports - US$26.2 million, imports - US$4.9 million.
There are 84 Azerbaijani enterprises operating in the Republic of Uzbekistan, 71 of them are JVs and 11 enterprises with 100% foreign capital.
The main areas of activity of these enterprises are trade, engineering and metalworking, finance and insurance, real estate operations, energy, services, jewelry production and repair, food and light industry.
Representation of 1 company from the Republic of Azerbaijan is accredited at the Ministry of Foreign Trade. Two Uzbek enterprises have been established in Baku: the representative office of the Uzbekiston Havo Yollari and the Uzavtosanoat dealer company Uzavto Baku LLC.
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