During the conversation, detailed information is provided on the comprehensive reforms carried out in Uzbekistan, especially in liberalization of the economy and reduction of the role of the state in the field of entrepreneurship.

At the meeting, the sides also discussed practical issues of boosting trade, economic and investment cooperation between two countries, further steps to increase trade turnover, and create joint ventures. Particular attention was paid to providing mutual preferences and a favorable climate for investors.

Members of the Uzbek delegation also held talks at the Chamber of Commerce of Cairo, the Association of Businessmen of Egypt, the Chamber of Manufacturers of Engineering Products.

Following the meeting, representatives of Uzeltehsanoat signed a protocol on cooperation with the Cairo Chamber of Commerce and a Memorandum of Understanding with the Association of Egyptian Businessmen.

Following the ceremony of signing bilateral documents, the Embassy of Uzbekistan in Egypt organized a direct format for negotiations (B2B) of businessmen of the two countries. The sides agreed on further steps to establish practical cooperation between the parties, the conditions for launching joint innovative productions.

A number of Egyptian entrepreneurs from such high-tech companies as Toshiba-Al-Arabi, ECO Solar Energy, El-Sewedy Electric, IQ POWER Inc., SAS Electrical Industries, Etal Electrical, Korra Energy and others have confirmed their willingness to work together by offering tools and mechanisms for further building mutually beneficial cooperation in the electrical field.

Arrangements have been reached on the organization of supplies of household appliances of the enterprises of the Artel to Egypt.

Eco Solar Energy showed interest in buying solar panels from Artel for further sale in the markets of Egypt and neighboring Libya, and Toshiba-Al-Arabi expressed its intention to invest in the Uzbek economy to build factories for the production of household appliances in cooperation with Uzeltehsanoat. In addition, Korra Energy offered to act as a distributor of Uzbek cable products and LED lamps in Egypt and neighboring countries.

Fruitful was the visit of the Uzbek delegation to the plant of high-tech production of electrical products Toshiba - Al-Arabi in the province of Kalyubia. In the course of acquaintance with his activities, the terms of supply of copper pipes of different diameters produced by the Uzbek company RAF Express were discussed in Egypt.