Constructive negotiations were held on expanding economic cooperation between Uzbekistan and Singapore
18/05/2022 13:14
Constructive negotiations were held on expanding economic cooperation between Uzbekistan and Singapore
18/05/2022 13:14
Tashkent, Uzbekistan (UzDaily.com) -- Singapore hosted an online presentation of the economic and investment potential of Uzbekistan for member companies of the Singapore-Malaysia Chamber of Commerce and Industry (SMCCI) and the country’s business community as a whole.
The event was attended by the President of SMCCI Farid Khan, employees of this organization, as well as representatives of more than 60 SMCCI member companies from the Singapore side. The multilateral meeting was also attended by heads of Singaporean companies from Canada.
The Singapore-Malaysia Chamber of Commerce and Industry, established in 1956, is an independent non-profit organization. Plays an active role in representing the interests of the local Malay business community. As of January 2022, 711 companies are members of the SMCCI.
The Uzbek side was represented by the First Deputy Chairman of the Association "Uzyogmoisanoat" Kamar Serkaev, directors of the relevant departments of the Ministry of Tourism and Cultural Heritage and the Chamber of Commerce and Industry.
The participants of the event were provided with detailed information on the modern economic development of the republic, its investment potential and new opportunities for Singaporean companies in the development of tourism infrastructure and its services, deep processing of agricultural products and the production of finished food products, as well as prospects for cooperation between small and medium-sized businesses of the two countries.
Farid Khan said that after the easing of quarantine measures in Singapore, SMCCI can finally start the projects long discussed with the Embassy aimed at enhancing investment and trade and economic cooperation between the countries.
He emphasized the great interest of Singapore’s business circles and, in particular, SMCCI member companies in establishing long-term partnerships with representatives of industry associations and private circles in Uzbekistan.
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