Uzbekistan and South Africa discussed the development of trade and economic relations
09/03/2018 17:33
Uzbekistan and South Africa discussed the development of trade and economic relations
09/03/2018 17:33
Tashkent, Uzbekistan (UzDaily.com) -- Minister of Foreign Trade of Uzbekistan hosted a meeting with Ambassador of South Africa to Uzbekistan with residence in Ankara (Turkey) Pule Isaac Malefane.
According to the Ministry’s press service, during the meeting, the South African side was acquainted with the work carried out in the Republic of Uzbekistan on reforming and liberalizing the economy.
In particular, the guests receives information changes, aimed at liberalizing the economy of Uzbekistan and creating a favorable climate for attracting investment and increasing international business activity.
The delegation of South Africa invited the Uzbek side to consider the expansion of the legal framework for trade and economic cooperation to create favorable conditions to development of business activity between the two countries.
Both sides expressed interest in strengthening trade and economic cooperation by establishing long-term relations both at the governmental level and at the level of business circles.
Sahib Saifnazarov, Deputy Minister of Foreign Trade, said: "Despite the geographical distance, our countries have significant potential for increasing mutual trade in various areas. Visits of interested Uzbek and South African business circles will make it possible to get acquainted with the trade and investment opportunities of both countries and realize the available reserves "
Within the framework of the meeting, the South African side announced that in order to strengthen bilateral cooperation, active work is now under way to appoint an honorary consul of South Africa in Uzbekistan.
The head of the diplomatic mission of South Africa also declared on the work conducted to organize the visit of the South African business entities to Uzbekistan in the first half of 2018. The parties agreed to work out the forthcoming business meetings in detail in order to obtain real results.
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