Azerbaijan and Uzbekistan discuss deepening economic cooperation at the IV Tashkent International Investment Forum.
Led by Prime Minister Ali Asadov, the Azerbaijani delegation traveled to Uzbekistan to participate in the forum, where a key panel titled “Azerbaijan-Uzbekistan: Vector of Economic Partnership” was held on Wednesday (11 June).
Government officials and business leaders from both countries gathered to explore ways to expand bilateral trade, promote joint investment projects, and strengthen collaboration across sectors including energy, transport, agriculture, industry, and digital technologies.
Elnur Aliyev, First Deputy Minister of Economy of Azerbaijan, highlighted the positive impact of high-level visits and meetings between the two nations' leaders on fostering closer ties.
“Economic and trade relations between our countries are rapidly growing. Trade turnover with Uzbekistan has more than tripled in the first four months of this year alone. Mechanisms such as the Joint Intergovernmental Commission and the Azerbaijan-Uzbekistan Investment Company play a vital role in consolidating cooperation,” Aliyev said. He also stressed the importance of creating new platforms for joint activities to further stimulate economic partnership.
Other key figures contributing to the discussion included Uzbekistan’s Deputy Minister of Investments, Industry and Trade Khurram Teshabayev, AZPROMO Executive Director Yusif Abdullayev, Chairman of the Small and Medium Business Development Agency Orkhan Mammadov, Director of Uzbekistan’s Reconstruction and Development Fund Shukhrat Vafaev, Director of the Azerbaijan-Uzbekistan Investment Company Nazim Hajiyev, and Deputy Governor of Tashkent Sherof Rahmanov.
During the forum, Aliyev also held talks with Qatar’s Minister of Commerce and Industry, Ahmed bin Mohammed Al-Sayed. The meeting underscored the promising growth of Azerbaijan-Qatar relations and the significant potential to strengthen economic ties further.
Both sides discussed opportunities for joint investments, infrastructure development, and establishing effective public-private partnerships to enhance cooperation across multiple sectors.
The forum signals a growing commitment by Azerbaijan and Uzbekistan to deepen their strategic economic partnership and expand regional cooperation.
U.S. health authorities on Friday, 11 September, declared the nation’s largest recorded multistate cyclos...
The head of artificial intelligence company Anthropic has called for the industry to slow the pace at whic...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the ...
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment