TASHKENT, Uzbekistan, August 22. Interregional
cooperation should become one of the key drivers of the economic
partnership between Uzbekistan and Azerbaijan, Uzbekistan’s
Minister of Investment, Industry and Trade Laziz Kudratov said at
the fourth Uzbekistan-Azerbaijan Regional Forum in Tashkent,
Trend's special
correspondent reports.
According to Kudratov, bilateral trade has increased 26-fold
over the past 10 years. In the first half of this year, trade
between the two countries grew by a further 30%.
The minister noted that nearly 260 enterprises with Azerbaijani
capital are currently operating in Uzbekistan, while more than 130
enterprises with Uzbek capital operate in Azerbaijan.
According to Kudratov, the two countries have built a portfolio
of investment projects and trade contracts worth around $10
billion.
“Dear friends, it is precisely the interregional dimension of
cooperation – direct engagement between our regions – that should
become one of the key drivers of our economic partnership. Regions
are where enterprises, investment sites, human resources and
opportunities for new projects are concentrated,” Kudratov
said.
