Tashkent hosted the fourth meeting of the Intergovernmental Commission on Economic, Scientific and Technical Cooperation between the Republic of Uzbekistan and the Republic of Bulgaria, as well as a joint business-forum of business circles of the two countries.
The event was attended by heads of ministries and departments, companies and organizations engaged in trade, transport and logistics, food, pharmaceutical, chemical, health, tourism, science, education industries and others.
The Bulgarian delegation was headed by Minister of Regional Development and Improvement, Lilyana Pavlova, the Uzbek side - by Minister of Foreign Economic Relations, Investments and Trade, Elyor Ganiev.
In accordance with the agenda of the meeting the sides exchanged views on the current state of bilateral economic and trade relations, as well as the prospects of development of cooperation in trade, transport and transit, the implementation of investment projects in various sectors of the economy, cooperation in agriculture, science, education, tourism fields and others.
Elyor Ganiev noted that today the enterprises of the Republic of Uzbekistan are ready to organize supply of a wide range of modern high-quality competitive products in various industries to the Bulgarian market. They are mechanical, engineering, chemical, petrochemical industries, textile industry products, mineral fertilizers, polyethylene, plastic, and many others. In turn, for implementation of joint investment projects and modernization, diversification of industries Uzbek side is also interested in the acquisition of Bulgarian high-tech and modern equipment.
A presentation of the economic potential of our country as well as promising cooperation projects took place during the event. Guests got also acquainted with the details of large-scale privatization program adopted in our country which provides for realization of the state share in the enterprises of Uzbekistan to foreign investors.
Meanwhile, Lilyana Pavlova said that Bulgaria considers Uzbekistan as a priority partner in Central Asia and intends to continue to develop bilateral trade and economic relations.
Particular attention should be paid to increase the volume and diversification of the range of goods turnover, including through the establishment of long-term and mutually beneficial relations between the business circles of the two countries.
It must be stated that in 2015 the volume of bilateral trade with Bulgaria amounted to $ 41.2 million. 14 enterprises with the participation of Bulgarian investments including 3 enterprises with 100% Bulgarian capital operate in Uzbekistan. Main activities of these enterprises include production of chemical, textile, wine and confectionery products, and building materials.
Following the meeting, a protocol was signed by the parties.
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