NEWS AND EVENTS
October 21, 2014
Uzbekistan and Georgia discuss development of ties
Uzbekistan and Georgia held the seventh session of intergovernmental commission on economic cooperation on 20 October 2014.
The session of the commission took place in Tashkent. A delegation of Georgia led by Deputy Minister of Economy Mikheil Janelidze arrived in Uzbekistan to attend the session.
During the meeting, the delegation of Georgia underlined that Georgia consider Uzbekistan as important and traditional economic partner and interested in further developing mutual beneficial trade relations.
The sides exchanged opinion and discussed issues of current state and perspectives of bilateral trade-economic cooperation.
The Georgian delegation familiarized with economic reforms in Uzbekistan, privatization process, favourable conditions created for investors at industrial zones Navoi, Angren and Jizzakh.
The sides discussed issues of further expansion of relation in such areas as trade-economic, investment, transport and transport communication, tourism, culture and sport, implementation of joint perspective projects.
Trade turnover between Uzbekistan and Georgia made up US$35.8 million in 2013 and US$60 million in January-June 2014.
Currently, nine enterprises with Georgian capital work in Uzbekistan. They operate in such spheres as trade, real estate, marketing services, logistics, production of construction materials.
Three Georgian companies registered their representative offices at the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan.