Uzbekistan, Latvia to expand partnership in international trade
23/10/2017 21:36
Uzbekistan, Latvia to expand partnership in international trade
23/10/2017 21:36
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan and Latvia are expanding partnership in the sphere of international trade. Representatives of business circles of Latvia discussed new projects and introduction of new financial tools in this sphere, as well as expanding cooperation in trade-economic sphere during the visit Uzbekistan.
Trade mission of Latvian entrepreneurs paid visit to Uzbekistan. Within the visit, they held talks with the Uzbek businesses, including trade and pharmaceutical companies, as well as banks.
Jānis Mozga, Chairman of the Board of Sonora and Chairperson of the Latvian-Uzbek Council of Business Cooperation, said that currently two states are expending cooperation in various areas of business on the base of agreements, reached between the Governments of Uzbekistan and Latvia.
During the visit to Uzbekistan, the delegation met with representatives of business entities, working in such areas as wholesale and retail trade, pharmaceutical companies and banks, he said.
Mozga underlined that the sides discussed opportunities of cooperation with Baltic entrepreneurship wit use of insurance services to logistics solutions. He added that this will allow Uzbekistan to introduce many trade finance products. He expressed hope that the sides soon will launch first projects in this area.
He said that Latvian side is waiting the visit of the Uzbek businesses to Latvia to familiarize with potential partners.
Chairperson of the Latvian-Uzbek Council of Business Cooperation said that regular meetings at the Government level is helping to expand cooperation in transport and logistics spheres.
Jānis Mozga said that Uzbekistan and Latvia have good legal base. He underlined that the volume of cargo transportation from Uzbekistan to Scandinavia via Latvia is increasing. He expressed hope that soon the bilateral trade will grow and trade balance will equal.
He underlined that Latvia can offer various logistics services to Uzbekistan. He stated that Latvia is excellent in logistics services.
Mozga underlined positive changes in doing business in Uzbekistan and reforms in monetary sphere. He said that Latvian side is waiting to see changes in the Uzbek market.
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