RIGA, April 29. /IA "Dunyo"/. A delegation of Uzbekistan headed by Deputy Khokim of Fergana region Nuriddin Mamajanov visited Latvia, Dunyo news agency's correspondent reported. Within the framework of the visit, the sides held talks on further development of trade and economic relations, increasing exports of national products and attracting direct investments in our country's economy.

In particular, during the meeting with Riga Deputy Mayor Linda Ozola the prospects of developing relations in trade-economic, investment, tourism, educational and cultural spheres were discussed, as well as an agreement was reached on participation of Fergana region representatives in cultural events to be held in Riga.

The delegation also held talks with Edgars Suna, Deputy Director of the Freeport of Riga (FPR). During the event, the sides discussed the issue of increasing exports of Uzbek products to Latvia and other EU countries, including active utilization of the port's terminal infrastructure. The issues of purchasing or renting warehouses in the territory of the REP by Uzbek entrepreneurs, granting them privileges and preferences were discussed. In turn, Edgars Suna said that the port management is ready to help in this matter. An agreement was reached to sign a memorandum on mutual cooperation between the parties in a short period of time.

Within the framework of the delegation's stay at the Uzbek Trade House in Riga, a B2B meeting between businessmen of the two countries was held. At this event, information about investment and export potential of Uzbekistan, including Fergana region, was presented. As a result of meetings and negotiations, agreements were reached on supplying agricultural products, household chemicals, confectionery and textile products to the Latvian market, and export contracts worth 25 million US dollars were signed.

At the same time, the opening ceremony of the exhibition hall of Fergana region in the Uzbek Trade House was held within the framework of the event.

Members of the delegation also held a meeting in Latvian company "KGS Group" and discussed the establishment of agro-logistic complex in Fergana region. The Latvian side expressed interest in the implementation of this project and readiness to invest 10 million dollars in it.

Translated with DeepL.com (free version)