By Abdul Kerimkhanov
A meeting of the Uzbek-Austrian intergovernmental commission on trade and economic cooperation was held in Tashkent on April 9.
The Uzbek-Austrian business forum was also held at the meeting of the commission.
Heads of responsible ministries and departments, companies working in the economic, commercial, industrial, investment, scientific and educational spheres, in agriculture and water management, energy, light and chemical industries attended the meeting of the intergovernmental commission.
The sides discussed issues of increasing the volume of mutual trade and expanding trade, economic, scientific, technical, investment cooperation.
Uzbekistan and Austria have agreed to implement projects for the construction of plants for the production of metal structures, metal galvanizing, modern greenhouses for the cultivation of melon crops.
During the business forum, the business circles of Uzbekistan and Austria got acquainted with the ongoing reforms in Uzbekistan to improve the investment environment and liberalize the economy.
The business circles of the two countries discussed the implementation of joint investment projects in various sectors of the economy.
The forum between business people of the two countries organized meetings in B2B format.
Diplomatic relations between Uzbekistan and Austria were established on March 25, 1992.
Austria became the first country where the first President of independent Uzbekistan Islam Karimov went on an official visit.
In January-September 2018, trade turnover between two countries exceeded $71 million, which is almost a third more than in the whole of 2017.
Austria is one of the most developed European countries, and its capital Vienna is traditionally the seat of various international organizations and a unique center of world diplomacy.
Currently, important investment projects are being carried out in Uzbekistan, in which Austrian business circles are participating.
For 27 years, Uzbekistan and Austria have established a trusting dialogue and achieved certain results in mutual relations. The accumulated experience of effective cooperation and the potential of our countries in many areas will contribute to building up fruitful ties in the coming years.
Abdul Kerimkhanov is AzerNews’ staff journalist, follow him on Twitter: @AbdulKerim94
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