MIFT reviews progress of trade-economic cooperation with Hungary, Kyrgyzstan and Tajikistan

According to the Ministry of Investments and Foreign Trade (MIFT), the meeting was attended by heads of ministries, departments, industry associations, commercial banks, local authorities of regions, the Republic of Karakalpakstan and Tashkent, heads of diplomatic missions of Uzbekistan in Hungary, Kyrgyzstan and Tajikistan, and as well as representatives of business circles with counter-partners from the above countries.

The high practical significance and effectiveness of the high-level events with Hungary, Kyrgyzstan and Tajikistan held in 2021, as a result of which the relevant roadmaps were adopted, was emphasized. During the meeting, the implementation of the agreed agreements was substantively considered, the existing issues were analyzed. 

In particular, it was instructed to conduct an inventory of bilateral agreements with these states, organize additional negotiations with foreign partners in order to work out problematic issues, as well as ensure the timely implementation of approved investment projects and the provision of practical assistance to their initiators.

The heads of industry associations presented reports on the current state, as well as plans for the development of investment and trade cooperation. Instructions are given to maximize the use of the existing potential for deepening economic partnership with the above countries.

Following the meeting, it was instructed to submit lists of new promising investment projects and trade agreements to the MIFT promptly, as well as to intensify negotiations with foreign partners in order to accelerate the achievement of firm agreements.