Uzbekistan and Czech Republic Strengthen Economic Ties at Business Forum
The recent Uzbekistan-Czech Business Forum highlights a significant expansion in bilateral economic relations. Trade turnover has doubled in the last eight years, with 36 joint ventures currently operational in Uzbekistan.
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The Uzbekistan-Czech Business Forum featured a Czech delegation comprising leaders from over 50 companies across various sectors including engineering, energy, and pharmaceuticals. Participants discussed collaboration in areas such as copper extraction, mining equipment localization, hydropower projects, energy efficiency, and digitalization.
Uzbekistan has extended invitations to Czech firms for involvement in copper extraction and the localization of mining equipment production. The event culminated in the signing of agreements aimed at enhancing trade, investment, and industrial cooperation, reflecting the strengthened economic partnership between Uzbekistan and the Czech Republic.
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