Representatives of businesses, state and political circles of Singapore, interested in establishing cooperation with Uzbekistan in investment and trade, participated at the event. The Uzbek delegation included representatives of the Ministry of Foreign Economic relations, Investment and Trade, Ministry of Foreign Affairs, State Property Committee, Uzpharmsanoat, Uzbek Agency for Communication and Information, Uzkimyosanoat, Uzinfoinvest, Uzbekneftegaz, National Bank of Uzbekistan for Foreign Economic Activities and Uzelteksanoat.

Chairman of the Singapore Business Federation Toni Chu said the fundament for the forum was achieved at the visit of the Uzbek President Islam Karimov to Singapore in January 2007. He said the large number of Singaporean expressed interest to participate at the forum.

The Uzbek delegation presented their industries and provided information on programmes and priorities of development. Presentation of Navoi free industrial and economic zone attracted great interest, Jahon news agency reported.

The report said the Uzbek delegation held bilateral meetings and negotiations during the visit to Singapore.

During two-day visit to Singapore, the Uzbek delegation signed seven bilateral interindustrial documents. The documents laid ground for development of cooperation among partner organizations of Uzbekistan and Singapore in oil and gas industry, pharmaceutical, electronics, production of road construction equipment, attraction of Singaporean credits and investments, etc.

State Minister of Trade and Industry of Singapore Lee Yi Shyan said the visit of the Uzbek delegation is significant fact for business circles of Singapore, who express interest in expansion of the volume of trade-economic and investment cooperation with Uzbekistan.

Lee Yi Shyan expressed his satisfaction with established partnership relations with the Singapore Producers Federation and start of the activity of the company, which plans to produce satilite tuners in Navoi free industrial and economic zone.