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A festive evening for compatriots was organized in Estonia
A festive evening for compatriots was organized in Estonia

The text of the article is in Uzbek!

Ambassador of Uzbekistan presents credentials to President of Latvia
Ambassador of Uzbekistan presents credentials to President of Latvia

RIGA, June 18. /IA Dunyo/. Uzbekistan's Ambassador to Latvia Timur Rakhmanov yesterday presented his credentials to Latvian President Edgars Rinkevics, Dunyo news agency's correspondent reported.


The current state and prospects of development of cooperation between Uzbekistan and Latvia were discussed during the conversation held within the framework of the ceremony.


The Latvian president praised the state of political dialog and bilateral trade and economic cooperation between Riga and Tashkent. He emphasized that Uzbekistan has become one of Latvia's largest trade and economic partners by the end of 2023.


A high assessment was given to the large-scale reforms carried out in Uzbekistan, noting that their results are welcomed by all EU countries.


Timur Rakhmanov arrived in the Latvian capital on March 13 as Uzbekistan's new ambassador. He replaced Kadambai Sultanov, who served as Uzbekistan's ambassador to Latvia (2019-2024) and at the same time to Lithuania (2021-2024), Finland (2020-2024) and Estonia (2020-2024) with residence in Riga.

Diplomats of Uzbekistan held a visiting reception of fellow citizens living in Estonia and Finland
Diplomats of Uzbekistan held a visiting reception of fellow citizens living in Estonia and Finland

RIGA, June 21. /IA Dunyo/. The Embassy of Uzbekistan in Riga has organized a consular reception for fellow citizens living in Estonia and Finland, Dunyo news agency's correspondent reports.


Diplomats visited places of residence and labor activity of Uzbek citizens. During the reception they were given legal consultations on issues of interest to them and practical consular and legal assistance.



During the meeting with compatriots the discussion was about the reforms being implemented in Uzbekistan to organize safe and legal external labor migration, as well as the opportunities created for temporary labor activity in foreign countries.



There was a discussion on the negative consequences of illegal migration, human trafficking, falling under the influence of foreign ideas and participation in mass riots, as well as the need to comply with the legislation of the host country.

At the end of May, an Uzbek trading house will open in the Lithuanian city of Klaipeda
At the end of May, an Uzbek trading house will open in the Lithuanian city of Klaipeda

KLAIPEDA, May 10. /IA Dunyo/. During a business trip to Lithuania, a delegation of the Chamber of Commerce and Industry of Uzbekistan met with the head of BEGA company Laimonas Rimkus in Klaipeda, Dunyo news agency's correspondent reported.

BEGA, founded in 1992, is one of the largest modern stevedoring companies in the Baltic States, providing services in transportation, loading and unloading of cargoes, as well as temporary storage services.

Laimonas Rimkus expressed an opinion that today Uzbekistan's economy is dynamically developing, producing competitive national products that meet world standards.

- Taking into account the growing volumes of Uzbekistan's exports to European countries, Lithuanian companies show great interest in developing relations with Uzbek businessmen. The volume of export of Uzbek products to the EU countries through Latvia and Lithuania is also increasing," he noted.

It was noted that BEGA has created all necessary port infrastructure, has modern automated technologies for transportation and collection of chemical, food industry, construction materials, agricultural products and other cargoes. In addition, the enterprise is connected to the railroad and has the ability to serve all types of transport coming from Uzbekistan in a short period of time.

The parties discussed mutual procedures and legal aspects of leasing the company's warehouses and a building for the Trade House of Uzbekistan to be established in Lithuania.

The sides reached an agreement on holding the official opening ceremony of Uzbekistan Trade House in Klaipeda on May 24-27.

Latvia's largest pharmaceutical company plans to manufacture its products in Uzbekistan
Latvia's largest pharmaceutical company plans to manufacture its products in Uzbekistan

RIGA, May 11. /IA Dunyo/. Ambassador of Uzbekistan Timur Rakhmanov together with Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan Dilshod Rasulov yesterday met with member of the Board of Directors - head of sales office in Central Asia of the largest Latvian pharmaceutical company "Olainfarm" Alexander Melnis, Dunyo news agency's correspondent reported.

At the meeting, the sides discussed issues of investment and technological cooperation between Uzbekistan and Olainfarm and prospects of establishing joint production cooperation with deepening the level of localization.

Alexander Melnis positively assessed the progressive reforms in the healthcare sector in Uzbekistan under the leadership of President Shavkat Mirziyoyev, which has contributed to the development of cooperation between the companies of the two countries in recent years. It was emphasized that Riga is confidently optimistic about the prospects of expanding Olainfarm's long-term presence in Uzbekistan by increasing investment and technological cooperation.

As Alexander Melnis informed, Olainfarm is working on the realization of an investment project to establish production of a wide range of high-quality ampouled products in Uzbekistan.

Olainfarm was founded in 1972 in the Latvian town of Olaina. It is the largest pharmaceutical company in the Baltic States. The company's turnover exceeds 124 million euros. The product range includes 60 finished dosage forms, 25 active pharmaceutical substances and more than 20 intermediates. The company's products are exported to 60 countries. Since 2011, it has been supplying the World Health Organization (WHO) with anti-tuberculosis drugs.

Discussions on potential areas of cooperation with the Association of European Chambers of Commerce and Industry were held in Riga
Discussions on potential areas of cooperation with the Association of European Chambers of Commerce and Industry were held in Riga

RIGA, /Dunyo IA/. A delegation of Uzbekistan, led by Bekzod Mamatkulov, Chairman of the Supervisory Board of BMB HOLDING, visited Latvia to explore potential cooperation across various sectors, reports Dunyo IA correspondent.

In particular, during the visit, a meeting was held with Aigars Rostovskis, Vice President of the Association of European Chambers of Commerce and Industry (Eurochambres) and President of the Latvian Chamber of Commerce and Industry.

 

The meeting included an overview of the activities of companies within the BMB Holding system, covering details about the crops cultivated, products processed, and goods manufactured.

 

In turn, Aigars Rostovskis discussed the chamber’s and association’s efforts to support entrepreneurs, the business environment, the global market share of association members, and other related topics.

 

As a result, an agreement was reached to develop multifaceted bilateral cooperation and to organize a meeting with a delegation of European entrepreneurs in Uzbekistan this March.

 

Eurochambres is the Association of European Chambers of Commerce and Industry. It is one of the largest business representation organizations in Brussels, comprising 45 members (43 national associations of chambers of commerce and industry and 2 transnational chamber organizations) and 1,700 regional and local chambers. Through its European network, it represents the interests of over 20 million enterprises in Europe.

 

It is worth noting that, the day before, the chairman of the Supervisory Board of BMB Holding Bekzod Mamatkulov held successful negotiations in Poland.

Uzbekistan and Finland discussed prospects for cooperation in the field of entrepreneurship support
Uzbekistan and Finland discussed prospects for cooperation in the field of entrepreneurship support

HELSINKI, March 23. /Dunyo News Agency/. With the assistance of the Embassy of Uzbekistan, online negotiations were held between representatives of the Joint Stock Company "Company for the Development of Entrepreneurship" of our country and the Finnish company "Finnvera", the correspondent of the "Dunyo" News Agency reports.

During the meeting, "Finnvera" specialists exchanged views with their Uzbek colleagues on areas of mutual interest. In particular, they studied Finnish experience in matters related to the general aspects of "Finnvera" activities, the development and implementation of financial solutions for enterprises, as well as risk management.

Following the meeting, the parties reached an agreement on the further development of bilateral cooperation, including the organization of separate meetings on issues of mutual interest, the exchange of experience, as well as the visit of "Finnvera" representatives to Uzbekistan.

Jurmala is ready to present the tourism potential of Uzbekistan to its guests
Jurmala is ready to present the tourism potential of Uzbekistan to its guests

RIGA, May 19. /IA "Dunyo"/. Uzbek Ambassador Timur Rakhmanov has met with Deputy Chairman of Jurmala City Advisory Council Janis Ledins, Dunyo news agency's correspondent reports.

During the talks, the sides discussed issues of expanding cooperation between the regions of Uzbekistan and Latvia in the spheres of trade and economy, science, education, culture and tourism.

The Latvian side was provided with information about the current development of Uzbekistan, economic and social reforms carried out in the country, investment potential and created conditions for doing business.

The representative of Jurmala administration expressed interest in the development of interregional cooperation, including in the sphere of tourism. In this direction, the issue of participation of the delegation of the Jurmala City Administration in the International Tourism Exhibition, which will be held in November in Tashkent, is being considered.

An agreement was reached to hold a presentation of Uzbekistan's tourism potential in July this year - during the opening of the tourist season in Jurmala, for a wider coverage of the public, which will be familiarized with the history, culture and tourism opportunities of our country.



The Latvian side also invited the Uzbek delegation to Jurmala city to hold Days of Uzbekistan in the first half of September.

Latvia widely celebrated the anniversary of the adoption of the Basic Law of Uzbekistan
Latvia widely celebrated the anniversary of the adoption of the Basic Law of Uzbekistan

RIGA, December 6. /IA "Dunyo"/. A festive evening was held in Riga with the participation of our compatriots living and working in Latvia, reports a correspondent of the IA "Dunyo".
During the event, detailed information was presented on the content of the updated Constitution of Uzbekistan. It was emphasized that the Basic Law is a solid foundation for building a democratic state governed by the rule of law, a strong civil society, economy, as well as a peaceful and prosperous life for the people.

The concert program, which included national songs and dances performed by the Uzbek ensemble "Khalklar Dustligi", gave the participants of the event an elevated mood.

The visit of the Ferghana Oblast delegation to Latvia was fruitful
The visit of the Ferghana Oblast delegation to Latvia was fruitful

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)