Uzbekistan and Egypt intend to create a joint center of industrial cooperation in Port Said

Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov yesterday held a meeting via videoconference with Minister of Trade and Industry of Egypt Ahmad Saleh.

During the conversation, issues of developing investment cooperation were considered, in particular, measures to create a joint center for industrial cooperation and distribution to accommodate Uzbek enterprises in the city of Port Said for the production of textile, leather and electrical products.

The presence of significant potential for increasing mutual trade turnover was noted.

At the end of the conversation between the Chambers of Commerce and Industry of the two countries, the issues of creating a joint business council and holding its first meeting in Tashkent this summer as part of a meeting of the intergovernmental commission were agreed.