BAKU, Azerbaijan, August 26. Uzbekistan’s
Fergana region is seeking to expand trade, investment and business
ties with China as regional officials and a Chinese international
business consulting group discussed new joint projects and
opportunities for greater participation by Chinese companies.
This was reflected in the statement by the Fergana Regional
Administration, following a meeting between Fergana Region Governor
Khairullo Bozorov and a delegation led by Liu Chuanwu, president of
China’s Huahe International Business Consulting Organization,
according to the regional administration.
The meeting focused on expanding trade and economic cooperation
between Fergana and Chinese business circles, as well as developing
new investment projects.
Huahe International Business Consulting Organization specializes
in international business consulting and supports trade, investment
and economic ties between Chinese companies and foreign markets.
The organization provides strategic consulting services to
businesses, government bodies and investment projects.
Liu said the company’s key objectives include helping Chinese
businesses enter overseas markets, expanding their international
partnerships and establishing effective ties with foreign business
communities.
The sides noted that practical work is already underway to
strengthen cooperation between Fergana and Chinese businesses, with
an emphasis on establishing direct contacts between companies and
developing new joint projects.
The meeting also highlighted a Chinese goods exhibition
scheduled to take place in Tashkent on September 2-4. About 200
Chinese companies are expected to participate, representing sectors
including agriculture, energy, textiles and light industry,
construction and building materials.
Bozorov said businesses from Fergana will actively participate
in the exhibition and stressed the importance of using the event to
establish direct contacts with Chinese companies, develop new trade
and economic ties and identify potential investment projects.
“The effective use of this platform will help establish direct
contacts with Chinese companies, develop new trade and economic
ties and form promising investment projects,” Bozorov said.
The sides agreed to continue efforts to increase Chinese
companies’ activity in Fergana, strengthen mutually beneficial ties
with local businesses and advance new investment projects.
The talks reflect Uzbekistan’s broader efforts to attract
foreign investment to its regions and deepen direct
business-to-business cooperation with Chinese companies.
