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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.

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.

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'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.

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.

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.

Uzbekistan drivers will be able to obtain certificates according to European standards and work in EU countries
Uzbekistan drivers will be able to obtain certificates according to European standards and work in EU countries

RIGA, June 17. /IA Dunyo/. Representatives of the largest in the Baltic region transportation and logistics company "Kreiss" visited Uzbekistan on June 10-17, Dunyo news agency's correspondent reports.


Kreiss" company, founded in 2001 in Riga, is one of the largest trucking companies in the Baltic region and important operators providing logistics services in Europe and CIS countries. The annual turnover of the company is 160 million dollars.

During the visit, the Latvian side held negotiations with the leadership of the Ministry of Transport, the Agency for External Labor Migration and the International Road Carriers Association.

Kreiss and the External Labor Migration Agency signed an agreement on the organized recruitment of 600 drivers to Latvia.

A Memorandum was signed with "Vatanparvar" organization on organization of special simulators for training Uzbek truck drivers on the platform of driving schools belonging to this association. It was emphasized that drivers trained at the centers can obtain certificates according to European standards and work in the EU countries.

A new air cargo bridge will open between Uzbekistan and Latvia in summer
A new air cargo bridge will open between Uzbekistan and Latvia in summer

RIGA, May 21. /IA "Dunyo". The first cargo flight between Uzbekistan and Latvia is planned to be launched in late June - early July, Dunyo news agency's correspondent reports.

According to the Embassy of Uzbekistan, a delegation of Uzbekistan's Fly Khiva airline headed by Director General Dilshod Khodjaev has organized a visit to Latvia within the framework of increasing exports to the EU countries.

Meetings were held in relevant ministries and agencies, as well as with the management of the Department of International Air Cargo Transportation of Riga Airport, during which the Latvian side expressed interest in establishing cargo traffic between the countries.

The parties started jointly working out the issue of establishing international air cargo transportation on the route Uzbekistan - Latvia with expansion to other major cities of the Baltic States.

The new air corridor will be actively used for export of fruit and vegetables, textile and other products from Uzbekistan to Latvia and other EU countries.

Uzbek exporters familiarized with requirements for import of Uzbek products to Latvian and European markets
Uzbek exporters familiarized with requirements for import of Uzbek products to Latvian and European markets

RIGA, September 21. /IA Dunyo/. The Embassy of Uzbekistan together with the Plant Protection Agency organized an online seminar-training on the topic “Export to Europe” with the participation of the head of the Uzbek Trade House in Latvia, Honorary Consul Vladimir Galperin, Dunyo news agency's correspondent reports.

The event was devoted to disclosure of peculiarities of normative and technical regulation and other specific requirements for export of locally produced products to Latvian and European markets.

Latvian expert provided detailed information on requirements and conditions related to export of agricultural products to Europe, certification, food packaging standards, processing technologies, beverage production, licensing of production technologies.

It is worth noting that 50 Uzbek exporters participated in the training seminar.