18.09.24

Azerbaijan and Uzbekistan got engaged in discussions to increase their bilateral trade turnover, Report informs, citing the Center for Analysis of Economic Reforms and Communication (CAERC).

The CAERC's Executive Director, Vusal Gasimli, received a delegation led by Obid Khakimov, Director of Center for Economic Research and Reform under the Administration of the President of Uzbekistan.

During the meeting, Gasimli emphasized that the agreement on allied relations signed between the two countries during President of Azerbaijan Ilham Aliyev's state visit to Uzbekistan has ushered in a new era of cooperation. He provided information on the current state and future directions of economic, trade, and investment relations between the two nations.

Gasimli also presented potential project proposals related to CAERC's contribution to the implementation of the "Practical Action Plan for 2024-2025 on Further Expansion of Economic-Trade and Investment Cooperation between the Azerbaijan’s Economy Ministry and Uzbekistan’s Ministry of Investments, Industry and Trade.

In conclusion, the parties agreed on future steps to implement joint projects in trade and investment and to strengthen economic cooperation.

https://report.az/en/business/azerbaijan-uzbekistan-discuss-boosting-bilateral-trade-turnover/