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Uzbekistan-Lithuania Business Cooperation Council to be established

Uzbekistan-Lithuania Business Cooperation Council to be established

VILNIUS, May 8. /IA "Dunyo"/. A delegation of the Uzbek Chamber of Commerce and Industry has organized a visit to Lithuania with the support of our country's embassy, Dunyo news agency's correspondent reports.

In the framework of the visit, an agreement on the establishment of the Business Cooperation Council "Uzbekistan-Lithuania" was signed in Vilnius, and the first meeting of the newly created platform was held.

President of the Confederation of Lithuanian Industrialists Vidmantas Janulyavicius noted that relations between the two countries in trade and economic, transportation and logistics, green energy, agriculture and other areas of mutual interest are consistently developing. He also expressed confidence that the Council to be established will serve as a good platform for the development of bilateral trade, economic and investment relations.

Lithuanian Deputy Minister of Transport and Communications Loreta Maskalioviene noted that Uzbekistan has become the country with the biggest economic potential in the Central Asian region. "Lithuanian businessmen show great interest in developing cooperative relations with Uzbek partners," she emphasized.

Within the framework of the visit, a business forum was held with the participation of representatives of business circles and heads of companies from Uzbekistan and Lithuania. Within the framework of the forum, B2B negotiations were organized between business representatives of the two countries, following which export contracts worth $30 million were signed to supply a wide range of products manufactured in Uzbekistan to Lithuania.

The parties agreed to establish Uzbek Trade House in Klaipeda jointly with the Chamber of Commerce and Industry of Uzbekistan and Lithuanian businessmen on the basis of equal participation. The trade house will serve to further expand opportunities for exporting products manufactured in Uzbekistan to Lithuania and European Union countries.

Uzbek businessmen familiarized themselves with the activities of major Lithuanian production enterprises and discussed issues of cooperation, mutual exchange of ideas and experience.

📅 08.05.2024

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