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Economy 21/04/2011 Singaporean to explore Uzbek market
Singaporean to explore Uzbek market
Tashkent, Uzbekistan (UzDaily.com) -- A delegation of Singaporean business circles started a five day visit to Uzbekistan on 21 April 2011. The visit is aimed at development trade-economic cooperation between the Uzbek and Singaporean businesses.

The visit was organized by the Chamber of Commerce and Industry of Uzbekistan in cooperation with the Singapore Indian Chamber of Commerce and Industry.

The Chamber of Commerce and Industry said that the delegation includes heads and representatives of eight Singaporean companies, working in such sectors as education, language center, consulting services, courier services, dry fruits, grain and natural spices trade, trade of feeds and medicaments for horse breeding and husbandry, meat industry, as well as mining, oil and gas, as well as coal industry.

Trade turnover between Uzbekistan and Singapore reached US$177.9 million in 2010, of which US$155.8 million fell to the Uzbek exports and US$22.1 million to imports.

Currently, nine offices of Singaporean companies, working in trade of cotton, yarn, grain, timber, food products and telecommunication goods supplies, have been accredited in Uzbekistan.

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