Thursday, September 16, 2021

Economic and trade potential between India, Uzbekistan needs to be bolstered as bilateral trade stands only at 443 million dollars: Dilshod Akhatov

Uzbekistan’s ambassador to India, Dilshod Akhatov has said that economic and trade potential between India and Uzbekistan needs to be bolstered as bilateral trade stands only at 443 million dollars.

Addressing a webinar on ‘India and Uzbekistan Economic Connectivity: Opportunities and Prospects’, Mr. Akhatov said, his country is interested in attracting Indian investments in advanced technologies to produce modern competitive drugs, and creation of modern laboratories and research centres focused on development of original drugs. He further suggested Indian and Uzbekistan businesses can collaborate in textile, agricultural, education, IT and tourism sectors.

In his remarks, Ambassador of India to Uzbekistan Manish Prabhat, said the two countries are working on a prospective bilateral investment treaty while also looking to promote region-to-region and state-to-state business opportunities.

The webinar was jointly organized by World Trade Center Mumbai, Embassy of Uzbekistan in New Delhi and All India Association of Industries.

 

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