BAKU, Azerbaijan, Dec. 16
By Fakhri Vakilov - Trend:
During the visit of Uzbekistan’s President Shavkat Mirziyoyev to Japan on December 17-20, 48 agreements and contracts totaling $6.5 billion will be signed, Trend reports citing the press service of Uzbekistan’s Ministry of Investment and Foreign Trade.
During the visit, the head of state is scheduled to hold talks with Prime Minister Shinzo Abe, President of the House of Councilors of Parliament Akiko Santo, Speaker of the House of Representatives Tadamori Oshima, Deputy Prime Minister and Minister of Finance Taro Aso.
The parties will discuss priority areas for the development of Uzbek-Japanese relations, including for the long term, exchange views on pressing international problems.
The president of Uzbekistan will also be received by Emperor of Japan Naruhito.
According to the Ministry, an Uzbek-Japanese business forum was held in Tokyo today with the participation of Japanese Minister of Finance Aso, heads of the External Trade Organization (JETRO), the Ministry of Economy, Trade and Industry of Japan, and the Japan Business Federation (KEIDANREN). In total, the event was attended by representatives of more than 500 Japanese companies and organizations.
Following the forum, a number of bilateral documents were signed on the implementation of joint projects and initiatives. An interaction will also be established between Uzbekistan’s Ministry of Housing and Public Utilities and the Institute of Economics and Energy of Japan: a program for the development of a heat supply system and a master plan for the development of Uzbekistan will be jointly developed.
Geological surveys will be carried out in the Navoi region, based on Japanese technology, with the participation of the Japan Oil, Gas and Metals National Corporation (JOGMEC), and the Japan Overseas Medical Equipment Technical Assistants (OMETA) intends to create a Japanese-Uzbek medical information center in Tashkent. Large investments will be attracted to the automotive industry through the collaboration of Japanese Isuzu Motors and Itochu Corporation with Uzavtosanoat JSC.
In addition, commercial banks of Uzbekistan signed a number of documents with MUFG Bank and Sumitomo Mitsui Banking Corp. on attracting additional investments to finance small and medium-sized business projects.
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