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🇺🇿🇦🇿 On May 21 this year, the 2nd Interregional Forum “Uzbekistan – Azerbaijan” took place (https://gov.uz/en/miit/news/view/12130/) in the city of Guba, Republic of Azerbaijan, with more than 300 representatives of business circles, leaders of ministries, departments, industry associations, and local authorities of the two countries participating.

🟠The co-chairs of the Forum were: Laziz Kudratov, Minister of Investment, Industry and Trade of the Republic of Uzbekistan, from the Uzbek side, and Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan, from the Azerbaijani side.

🟠New directions for cooperation development have been identified. First and foremost, this includes deepening trade relations based on the complementarity of economies, and the implementation of joint industrial cooperation projects in light industry, agriculture, pharmaceuticals, electrical engineering, mechanical engineering, chemical, and jewelry sectors using the advantages of Special Economic Zones (SEZs).

🟠On the sidelines of the forum, bilateral talks between the heads of the two delegations, as well as B2B and G2B meetings were held.

🟠As a result of the Interregional Forum, Memorandums of Understanding on cooperation in trade-economic and cultural-humanitarian spheres were signed between Termez and Bilasuvar, Namangan and Mingachevir, Gulistan and Fizuli, as well as investment agreements and trade contracts in the field of agriculture and textile industry.