Uzbekistan and India plan to significantly expand the scope of economic partnership

Deputy Prime Minister - Minister of Investment and Foreign Trade of the Republic of Uzbekistan S. Umurzakov met with Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Republic of Uzbekistan Manish Prabhat at the Ministry of Investments and Foreign Trade.

The agenda for bilateral cooperation with a focus on interaction in the investment, trade and economic, and cultural and humanitarian spheres was reviewed.

The significant untapped potential in the economic partnership of the two countries and a number of priority areas to effectively increase mutually beneficial cooperation were noted.

In particular, the sides stressed the urgency of accelerating the work on the Preferential Trade Agreement and the Agreement on Promotion and Mutual Protection of Investments between the Republic of Uzbekistan and the Republic of India to sign them as soon as possible.

The sides also discussed preparations for the 13th meeting of the Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation between the Republic of Uzbekistan and the Republic of India in the first quarter of 2022, aiming to fill the upcoming event with practical content.