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Economy 17/05/2011 German business circles pay visit to Uzbekistan
German business circles pay visit to Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) -- A delegation of business circles of Germany is paying visit to Uzbekistan on 17-18 May 2011 to develop trade-economic cooperation between businesses of two states.

The visit is organized by the Chamber of Commerce and Industry of Uzbekistan in cooperation with the Office of German Economy in Central Asia and at the assistance of the Uzbek Embassy in Germany.

The delegation includes representation of companies, engaged in production of construction equipment, plastic pipelines, energy saving equipment, industrial pumps and components, etc.

Within the visit, the Chamber of Commerce and Industry of Uzbekistan organized cooperation exchange, which will serve as additional stimulus to development of business cooperation and attraction of foreign investments to creation joint production.

During the cooperation exchange, the business circles of two states exchanged opinion on further development of cooperation.

Currently, there are 129 enterprises, created in participation of German investors, of which 25 are with 100% Kazakh capital and 104 are joint ventures. They are operating in light industry, pharmaceutical industry, processing agriculture products, etc.

Some 56 offices of firms and companies from Germany are accredited at the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan.

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