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Economy 18/07/2024 Proposals and initiatives aimed at expanding women’s entrepreneurship considered
Proposals and initiatives aimed at expanding women’s entrepreneurship considered

Tashkent, Uzbekistan (UzDaily.com) – On 18 July, the Senate of the Oliy Majlis together with the Chamber of Commerce and Industry held the Women Entrepreneurs Forum titled "I am a Successful Woman Entrepreneur" in Tashkent.

The event aimed to elevate women’s entrepreneurship in the country to a new level and received support from business representatives, including Tanziila Narbayeva, Chairperson of the Senate of the Oliy Majlis, and Davron Vakhobov, Chairperson of the Chamber of Commerce and Industry, along with leaders from relevant ministries and departments, and over 200 leading women entrepreneurs of the country.

In her address, the Chairperson of the Senate focused on issues such as supporting women who are just starting their entrepreneurial journey, expanding their financial capabilities, continuous training in entrepreneurial skills, high-tech professions, implementing new startup projects based on developments, creating platforms for interaction and exchange of experience, and expanding joint projects with international organizations.

Additionally, successful women entrepreneurs shared their experiences during the forum.

It is worth noting that today in the country, the circle of businesswomen has doubled, with the number of women entrepreneurs exceeding 200,000. Women constitute 46% of the economy and industry. More than 120,000 small business entities and over 4,550 farms are managed by women.

By Presidential decree, US$100 million has been allocated this year to support women’s small businesses and private entrepreneurship. An ambitious goal has also been set to increase the share of women in small and medium-sized businesses from the current 25% to 40% in the next two years.

A new system has been introduced in the country to locally educate women on entrepreneurship, build their skills, and provide practical assistance in obtaining credits to start entrepreneurial activities, supporting women’s business projects and addressing their issues.

During the forum, it was emphasized that while women were previously active mainly in certain sectors of entrepreneurship, particularly in services and partly in the textile industry, today they are actively represented in all business sectors and have achieved significant results.

Participants at the event expressed their opinions and suggestions on expanding women’s participation in business.

Agreements were reached on developing a separate program for the development of women’s entrepreneurship and further expanding international cooperation among local women entrepreneurs.

Following the Forum, a Declaration was issued containing specific proposals from participants on key directions.

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