22 june 2018

Central Asia news

First joint Uzbekistan and Tajikistan business forum held in Dushanbe

21.04.2017 16:24 msk


The first ‘Uzbekistan-Tajikistan’ business forum was held in Dushanbe on 19 April 2017. The central theme of the meeting of businessmen of the two countries was the deepening of bilateral trade and economic cooperation. The forum is organised by the Chambers of Commerce and Industry (CCI) with the support of the governments of Uzbekistan and Tajikistan within the framework of the first exhibition of industrial goods from Uzbekistan held in the Tajik capital. There were more than 1,500 types of products from 160 Uzbek manufacturers at the exhibition, Asia-Plus reports. It should be noted that such a large-scale event in the sphere of economic cooperation between the two states was held for the first time in two decades.

At the exhibition of industrial goods from Uzbekistan. Photo © ‘Asia Plus’

Opening the forum, the chairman of the Chamber of Commerce and Industry of Tajikistan Sharif Said noted that cooperation between the two countries will favourably affect the development of bilateral trade. ‘Geographical proximity plays an important role in it. Regional integration will open new prospects for cross-border cooperation and transit transport for our countries, and will ensure the expansion of trade within the region strengthening of friendship between our peoples,’ he said.

Deputy Chair of the Chamber of Commerce and Industry of Uzbekistan Nazira Dadakhonova, in her turn, stressed that thanks to the agreements between the republics the trade turnover between Tajikistan and Uzbekistan last year increased by 5.7 times compared to 2015 and amounted to about 70 million US dollars. ‘In total the volume of last year's bilateral trade turnover of about 36 million US dollars is accounted for the export of Tajik goods to Uzbekistan and almost 34 million US dollars for the import of Uzbek goods to Tajikistan,’ said Ms Dadakhonova.

According to Deputy Chair of the Tajik Chamber of Commerce and Industry Manzura Rustamova the main tasks of the Tajik-Uzbek business forum are further development and strengthening of trade and economic relations, stimulation of investment attraction, establishment of joint ventures, development of trade.

Chair of the Board of Uzexpocentre Ibrahim Ergashev noted that these events are a breakthrough in the relations between the two countries. ‘We see great interest in our products. Business circles participating in the forum represent the goods of the Uzbek car industry - trucks and cars, agricultural machinery, electrical equipment, construction materials, pharmaceuticals, chemical industry, consumer goods. We hope that negotiations of businessmen of our countries will be productive,’ said Ergashev.

Business leaders of both countries presented the opportunities of their companies. Investment opportunities of free economic zones in Tajikistan were also presented. Bilateral meetings of businessmen were held behind closed doors at the end of the official part following which a number of bilateral agreements were signed as well.

In particular, a cooperation agreement between the Chambers of Commerce and Industry of the two countries was signed, an agreement on the supply of cars to Tajikistan between the joint stock company Uzavtosanoat and the Tajik Lesinvest and Tajmotors companies. In addition, Uzavtosanoat signed a Memorandum of Understanding with the Tajik company Gajur (co-owner of the Javanese cement plant Huaxin Gaiur Cement). Cooperation documents were signed between the Uzbek ‘TRANSNEFTEGAZ GLOBAL SERVIS’ (production and supply of chemical reagents and building materials) and the company ‘Gayur’, as well as between the company ‘UZlimat control’ and the ‘Tajmotors’ company. Within the framework of the forum there was also a Protocol of Intentions for the sale of food products between the Uzbek enterprise UZBEKOZIKOVKOT Holding and the Tajik company Iktidor signed.

On the same day Uzbek entrepreneurs provided charitable assistance to the Dushanbe boarding school No. 1 for orphans. Representatives of the Tashkent confectionery company SLADUS PRODUCE Kakhramon Mannapov and Kamoliddin Zakirov, who presented several dozens of confectionery products at the exhibition, carried out a humanitarian action on their own initiative handing over 20 kilograms of various sweets to the boarding school pupils. They plan to transfer the same number of confectionery products to the capital's public organization ‘Corvoni Umed’ next day, engaged in social services for Tajik citizens who found themselves in difficult life situation.

Representative of the Tashkent confectionery company SLADUS PRODUCE Kamoliddin Zakirov. Photo © ‘Asia Plus’

On 20 April the first exhibition of industrial goods of Uzbek producers has completed its work.

Fergana international information agency.