UZBEKISTAN AND FRANCE HOLD IGC MEETING IN TASHKENT

Tashkent hosted the sixth meeting of the Intergovernmental commission on trade-economic cooperation between Uzbekistan and the French Republic. The French delegation was led by Secretary of State for Foreign Trade, the Promotion of Tourism and French Nationals Abroad Matthias Fekl. Today France is one of the main trade partners of Uzbekistan in the European Union, and trade relations between the two countries continue to develop dynamically. So, following the results of the last year, bilateral trade volume amounted to some $300 million.

Uzbekistan pays great attention to the expansion and deepening of mutually beneficial trade-economic, investment, financial and technological cooperation with France. As a result, last year the trade turnover between our countries increased by 3% and amounted to about $300 million, and in the first half of this year it amounted to more than $145 million. Enterprises of Uzbekistan are ready to supply to the French market a wide range of high-quality and competitive products, including textile, chemical and petroleum products, fresh and processed fruit and vegetable products, and others. In turn, in order to implement investment projects on modernization and diversification of industries and infrastructure, Uzbekistan is interested in the acquisition of high-tech, modern and reliable equipment produced in France.

It was also noted that an important element in the intensification of contacts between our countries is the cooperation in the field of tourism. This should contribute to a considerable experience and tradition of French tourism on the one hand and the tourist potential of Uzbekistan on the other.

Thus, numerous negotiations and the fruitful discussions that were held during the meeting of the commission, as well as joint business forum will undoubtedly contribute to the further strengthening of trade-economic, investment, technology and other areas of cooperation between our countries.

Following the meeting, a ceremony of signing bilateral documents was held. In particular, an agreement between the Government of the Republic of Uzbekistan and the Government of the French Republic on air services, the agreement between "Uzbekistan Railways" JSC and the company "ALSTOM" on cooperation in the field of production of Induction motors in Uzbekistan, as well as the Memorandum of Understanding between the company "Sanofi "and " Uzfarmsanoat " JSC on the vaccine production were signed.

UZREPORT