Uzbekistan and Japan discuss perspectives of bilateral cooperation
18/07/2014 17:43
Uzbekistan and Japan discuss perspectives of bilateral cooperation
18/07/2014 17:43
Tashkent, Uzbekistan (UzDaily.com) -- A roundtable on perspectives of bilateral cooperation between Uzbekistan and Japan was held in Tashkent on 18 July 2014 within the visit of the delegation of Japan led by chairperson of the Uzbek-Japanese Committee of the Council on international exchange Kenichi Matsumoto.
The event was organized by Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan. It was attended by representatives of ministries, departments, associations and companies of Uzbekistan and Japan.
The delegation of Japanese business circles were presented by heads of leading companies, specializing in production of medical equipment and pharmaceuticals, chemical products, ICT, transport, logistics, tourism, insurance and other sectors.
Kenichi Matsumoto said that Uzbekistan and Japan have great potential for cooperation and the sides are interested in further expanding mutual beneficial partnership relations.
He said that the event was result of the Uzbek-Japanese Forum, which was held in Tokyo on 3 March 2014. The visit of the delegation of business circles into Uzbekistan is evidence for interest of the Japanese companies to establish and develop long-term trade, investment and cultural relations with Uzbekistan.
During the roundtable, the presentation of economic and investment potential of Uzbekistan, perspective project proposals in healthcare, ICT, chemical and tourism industries were held.
Japan is one of key economic partners of Uzbekistan. In 2013, trade turnover between two states was US$215 million. The financial-technical aid of Japan Government to Uzbekistan exceeds US$2 billion.
Japanese partners actively participate in implementation of large projects in Uzbekistan, including construction of booster station at Kokdumalak field and Bukhara Refinery, modernization of airports in Samarkand, Bukhara and Urgench.
Currently, the Japanese companies are participating in the projects on electrification of railroad Qarshi-Termez, expansion of Navoi thermal power station, modernization of Talimardjan thermal power station. The large projects in energy, machinery, electrotechnical and other sectors with participation of the Japanese firms are under development.
Currently, some 12 enterprises with Japanese investments operate in Uzbekistan, including one with 100% Japanese capital.. They carry out trade operations, provide transport, tourism and healthcare services, work in machinery and meal processing, as well as light industries.
About 11 Japanese firms and companies have their offices in Uzbekistan.
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