Minister of Economy of the Republic of Azerbaijan Mikayil Jabbarov met with Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov in Shusha, APA reports.
The parties discussed the strengthening of economic partnership in various directions and other issues of mutual interest.
Azerbaijani Minister of Economy, who gave information about Azerbaijan-Uzbekistan economic relations, stressed that economic-trade and investment partnership between the two countries is expanding and the establishment of the Azerbaijan-Uzbekistan Investment Fund will give a new impetus to the development of investment cooperation and dialogue between business circles. In addition, the development of relations in energy, interregional cooperation, industry, especially automobile industry, textile, agriculture, transport-transit, health, tourism, humanitarian and other fields are among the issues on the agenda of economic cooperation.
The Minister of Investment, Industry and Trade of Uzbekistan Laziz Kudratov, expressed his satisfaction with the organization of the intergovernmental commission in Shusha, and noted that the reconstruction works carried out in Karabakh and East Zangezur were highly appreciated. It was stated that Uzbekistan is always ready to contribute to the reconstruction and restoration works in the territories of Azerbaijan liberated from occupation. Laziz Kudratov emphasized the successful partnership relations between the two countries in various fields, shared his views on new directions of cooperation, development of business relations and implementation of joint projects.
At the event, an agreement was signed between the Ministry of Economy of Azerbaijan and Uzbekistan Fund for Reconstruction and Development on the establishment of the Azerbaijan-Uzbekistan Investment Company, as well as documents on the expansion of cooperation in the field of energy.