Currency rates from 24/09/2024
$1 – 12747.29
UZS – 0.14%
€1 – 14158.42
UZS – -0.35%
₽1 – 137.27
UZS – -0.14%
Search
Economy 24/09/2024 Uzbekistan and Malaysia discuss prospective areas of cooperation

Uzbekistan and Malaysia discuss prospective areas of cooperation

Tashkent, Uzbekistan (UzDaily.com) — From 23 to 27 September 2024, a delegation headed by Lim Chin Fui, Chairman of the Uzbekistan-Malaysia Business Council, is on a business visit to Uzbekistan.

The Uzbekistan-Malaysia Business Council was established as a separate organization to ensure the implementation of agreements reached during Malaysian Prime Minister Anwar Ibrahim’s visit to Uzbekistan in May this year and to actively facilitate entrepreneurs from both countries in developing mutual cooperation in trade, economics, investments, tourism, and other areas.

As part of the visit, a roundtable titled "Uzbekistan – Malaysia" was held at the Chamber of Commerce and Industry, attended by over 50 representatives from business circles working in construction, energy resource processing, oil and gas, confectionery production, and healthcare.

The event was attended by Dilshod Rasulov, Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan, and Ilham Tua bin Iliyas, the Extraordinary and Plenipotentiary Ambassador of Malaysia to Uzbekistan.

During the meeting, the parties exchanged views on the development of trade and economic cooperation between the two states, as well as on increasing export and import volumes.

Additionally, a representative from the Agency for Foreign Investment Promotion under the Ministry of Investments, Industry, and Trade of the Republic of Uzbekistan presented the country’s investment potential.

During the discussion, Dilshod Rasulov proposed creating an investment electronic platform between Malaysia and Central Asian states, which was approved by representatives of the foreign business community, and the parties agreed to launch this platform.

Following the negotiations, further joint actions were determined to expand mutually beneficial investment cooperation between the two countries.

Stay up to date with the latest news
Subscribe to our telegram channel