Tashkent, Uzbekistan (UzDaily.com) -- The Uzcharmsanoat Association held talks with the Turkish company Birlik Shoes Sole. The agenda of the meeting included issues of expanding bilateral investment cooperation and opening a new joint venture with the participation of investments from this foreign company.

At the beginning of the meeting, the Turkish side was provided with detailed information on the conditions created for foreign investors in our country, achievements in the leather and footwear industry, the investment environment and export volumes.

Birlik Shoes Sole emphasized that the economy of Uzbekistan demonstrates stable growth rates, and stated that this increases the attractiveness for cooperation with enterprises of our country, including in the leather and footwear industry. The company also made a number of proposals for establishing investment cooperation.

In particular, the Turkish company aims to launch a new joint venture for the production of women’s and children’s shoes together with Mexes LLC, located in the Karmaninsky district of the Navoi region. At the initial stage of the project, it is planned to invest US$1 million.

During the dialogue, practical aspects related to the expansion of cooperation and the launch of this project were discussed in detail.