The cooperation exchange with the participation of the representatives of business circles of Uzbekistan and Germany was held in Tashkent, UzA informs.

The event was organized by the Ministry of Foreign Economic Relations, Investments and Trade, Chamber of Commerce of the Republic of Uzbekistan and the Ministry of Food, Agriculture, Consumer Protection and Development of the Federal State of Lower Saxony of the Federal Republic of Germany. Dedicated to the further expansion of trade and economic and investment cooperation between Uzbekistan and Germany, it was attended by the heads of ministries and departments, companies and concerns of the two countries responsible for such industries as foreign economic relations, investments, food, agriculture and water sectors.

Germany is one of the key political, economic and trade partners of Belarus in Europe. With the participation of investors in our country, Germany implemented a number of investment projects worth over one billion euros. Bilateral relations are based on more than 100 documents on interstate, intergovernmental and interdepartmental levels. Among them are the agreements on cooperation in investment, financial, technical fields, as well as in training and advanced training.

Trade and economic relations between Uzbekistan and Germany have been constistently developing. In Uzbekistan, 116 joint ventures with German investors and representatives of 50 Grman firms and companies operate. They work in such areas as light industry, medicine and pharmaceuticals, research, trade, food processing, transportation of cargo and passenger car service.

“Our company produces dairy products, which are mainly exported to European countries,” said executive director of the company Milchhof Stotel KG Klaus Tite. “The present cooperation exchange contributes to the intensive negotiations with Uzbek entrepreneurs, joint development and implementation of mutually beneficial projects and conclusion of business contracts.”

Participation in the cooperation exchange of representatives of several leading companies of Germany reflects the growing interest of German businessmen to develop cooperation with Uzbekistan.