Singapore’s experience in developing business incubators to be introduced in Uzbekistan

The Minister of Investments, Industry and Trade of Uzbekistan Laziz Kudratov held talks with the Minister of Trade and Industry of Singapore Gan Kim Yong.

During the dialogue, the historical significance of the state visit of the President of the Republic of Uzbekistan to Singapore was noted.

“The events of these days will give a powerful impetus to further deepening the partnership between the two countries in all areas, opening a completely new chapter in the history of relations between Uzbekistan and Singapore”, Mr. Gan Kim Yong noted.

At Uzbekistan – Singapore Business Forum, 23 bilateral agreements were signed, covering a wide range of areas that are priorities for the development of cooperation between the two countries. This testifies to the significant interest of Singaporean entrepreneurs in investment projects in almost all industries.

“We want more of our companies to learn about Uzbekistan and its huge potential”, the Minister of Trade and Industry of Singapore said. – We are ready to provide ongoing assistance in attracting new investors to your country, we can be a bridge for Uzbek goods to enter the markets of Southeast Asia and the entire Asia-Pacific region.

Following the meeting, an intergovernmental Memorandum on the development of trade and economic cooperation between Uzbekistan and Singapore was signed, the issues of adopting several agreements fixing the creation of the Uzbekistan – Singapore Chamber of Commerce and Industry, and attracting Singaporean experience in the development of business incubators to Uzbekistan were agreed.