BAKU, Azerbaijan, May 11
By Klavdiya Romakayeva - Trend:
Uzbekistan and France considered possibilities for attracting French companies to participate in the program of privatization of state assets in Uzbekistan, Trend reports referring to the press service of the Ministry of Investments and Foreign Trade of Uzbekistan.
Under the chairmanship of Deputy Prime Minister, Minister of Investments and Foreign Trade of Uzbekistan Sardor Umurzakov, and Minister for Foreign Trade and Economic Attractiveness of France Franck Riester, the eighth meeting of the bilateral Intergovernmental Commission on Trade and Economic Cooperation was held.
According to the ministry, the meeting was attended by more than 50 representatives of departments, large French companies and banks, as well as heads of relevant ministries, departments, industry associations, and commercial banks from the Uzbek side.
It was noted that the agenda of the event covered a wide range of issues of trade, economic, and investment cooperation in industry, energy, agriculture, housing and communal services, tourism, transport, and other areas.
It is reported that the key topic of the meeting measured to further expand investment cooperation. It was announced that today 44 enterprises with the participation of the French capital operate in Uzbekistan, the areas of activity of which are construction, tourism, agriculture, and the provision of services.
In particular, the results achieved in the implementation of joint projects with such large French companies as Airbus, Total Eren, Eiffage, Thales, Vinci, Rungis, Orano, Suez, Leroy Merlin, Sanofi, Fives, as well as banks Natixis, Credit Agricole, and Bpifrance.
The parties also identified a significant potential for deepening investment cooperation in the fields of alternative energy, geological exploration, infrastructure development, agriculture, transport and logistics, tourism, and banking and financial sector. The possibilities for attracting French companies to participate in the program of privatization of state assets in Uzbekistan were discussed separately.
In addition, the parties to continue to work to increase trade by establishing closer cooperation between the relevant ministries and departments of the two countries in order to implement joint practical measures to eliminate existing barriers in mutual trade, as well as establish direct ties between manufacturers of the two countries.
Also, further steps were outlined to attract direct French investments and technologies in the framework of the implementation of new promising projects in various sectors of the economy of Uzbekistan.
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