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Latvia expands economic cooperation with Uzbekistan

BC, Riga, 15.10.2013.Print version
Today, Latvian Economy Minister Daniels Pavluts met with Uzbek Minister of Foreign Economic Relations, Investment and Trade Elyor Ganiyev, agreeing to strengthen and expand Latvian-Uzbek economic cooperation, informs LETA/Nozare.lv.

The sides emphasized the positive trends of Latvian-Uzbek trade, which has been growing since 2010, agreeing that there is still considerable potential for cooperation. Among the most promising cooperation sectors, the officials mentioned transit and logistics, pharmaceuticals, food industry, information and communication technology, agriculture, mechanical engineering and metal processing, light industry, production of construction materials and tourism, the Economy Ministry informed Nozare.lv.

 

It is important to strengthen the dialogue and cooperation between Latvian and Uzbek businessmen, fostering their participation in fairs and international exhibitions and ensuring active and well-timed information exchange on scheduled events and cooperation opportunities, emphasized Pavluts.

 

To establish closer cooperation and develop Latvian-Uzbek cargo flows, a memorandum of understanding between the Latvian Economy Ministry and the Uzbek Foreign Economic Relations, Investment and Trade Ministry will be signed during Uzbek President Islam Karimov's visit to Latvia this week. Its goal is to expand Latvian-Uzbek trade relations, increase trade volumes, strengthen and maintain cooperation, form close ties between Latvian and Uzbek entrepreneurs.






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