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Economy 26/05/2011 Uzbek-Polish intergovernmental commission convenes in Tashkent
Uzbek-Polish intergovernmental commission convenes in Tashkent
Tashkent, Uzbekistan (UzDaily.com) -- The Fourth session of the Uzbek-Polish intergovernmental commission on economic cooperation was held in Tashkent on 25 May 2011.

Representatives of ministries and departments, firms and companies from Uzbekistan and Poland, operating in such sectors as foreign economic relations, trade, investments, banking-finance, customs, insurance, pharmaceuticals, tourism, sport, transport and transport communication, etc.

First Deputy Minister for Foreign Economic Relations, Investment and Trade of Uzbekistan and co-chairperson of the commission Akmal Kamolov said that economic cooperation between two states are developing gradually and agreements between two leaders of the countries serve as important base for it.

Deputy Minister of Economy of Poland and co-chairperson of the commission Rafal Baniak said Uzbekistan is one of important economic partners of Poland. He added that trade turnover between two states are growing despite global economic crisis. He noted that Uzbekistan and Poland have all opportunity to develop mutual relations.

During the session, the sides considered perspective directions of further developing economic and investment cooperation between two states.

The sides discussed issues of further expanding relations in trade, investment, banking-finance sector, oil and gas, agriculture and water, as well as attracting Polish companies to privatization process in Uzbekistan, increasing number of joint venture and bilateral trade turnover, etc.

The Uzbek-Polish economic relations are based on over 40 documents, including agreements on trade-economic cooperation, on mutual protection and stimulation of investments. The countries has the most favourable trade regime.

In 2010, trade turnover between Uzbekistan and Poland made up US$104.7 million. Over 20 joint enterprises with Polish investment operate in Uzbekistan and seven Polish firms opened their offices in the country.

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