Tashkent, Uzbekistan (UzDaily.com) -- Ambassador of Uzbekistan Sardor Rustambaev met with the President of the Indian Importers Chambers of Commerce and Industry (IICCI) Atul Saxena, Dunyo news agency reported.

The talks focused on the prospects for further widespread promotion of industrial goods and agricultural products of Uzbekistan on the Indian market, issues of supporting and stimulating the activities of Indian importing organizations in this direction.

Atul Saxena noted that the market of Uzbekistan in recent years has provided open and favorable conditions for international trade, and the products offered by industrialists and representatives of the country’s agricultural sector are distinguished by a wide range, high quality, competitiveness and affordable price. In the Indian market, they are gaining popularity year after year, strengthening their positions and becoming more and more recognizable among consumers.

At the meeting, the parties noted that there is huge untapped potential in the field of import and export, and there are all the conditions and opportunities to fulfill the task set by the leaders of the two countries to increase mutual trade volumes to US$1 billion in the coming years.

It was noted that for this it is necessary to speed up the exchange of mutual delegations of entrepreneurs, expand the scope of their communication, and increase the effectiveness of joint events. To this end, IICCI plans to organize a series of visits of delegations of Indian importers to Uzbekistan this year, hold business forums and other events, including participation in the Third Tashkent International Investment Forum in May.

At the event, special attention was also paid to the fact that the Indian market, whose purchasing power is growing every year and the demand for a variety of products is steadily increasing, is promising for companies and representatives of the business community of Uzbekistan.

The IICCI President expressed great interest in the prospects of cooperation in creating joint ventures and directing large investments in Uzbekistan with the aim of producing products that are in high demand in the Indian market.