On July 15, 2019, the Ambassador of Uzbekistan to Israel, Said Rustamov, met with the President of the Israel-Asia Chamber of Commerce and Industry, Matan Vilnai. The meeting discussed the expansion of the Uzbek-Israeli trade, economic and investment cooperation.
Taking into account the ongoing large-scale reforms in Uzbekistan to liberalize the economy, efforts being made to create favorable conditions for foreign companies in terms of implementing mutually beneficial projects in various fields in the country, an agreement was reached with the Israeli side to start working on the creation of Israel-Uzbekistan Chamber of Commerce and Industry »And establishing its close cooperation with the Chamber of Commerce and Industry of Uzbekistan. It is expected that the parties will work together to promote the economic potential of the republic in Israel, to assist in finding and establishing partnerships between businessmen of the two countries.
The Israel-Asia Chamber of Commerce and Industry is a non-profit organization whose founders are the ministries of economy and industry, finance, Israel’s foreign affairs, and the country’s leading economic structures — the Federation of Chambers of Commerce, the Association of Producers and the Israel Export and International Cooperation Institute. The structure is designed to foster business cooperation and Israeli trade in the Asian sector and today unites bilateral chambers of commerce established with a number of countries, including China, India, South Korea, Singapore, Thailand, Vietnam, Malaysia and Indonesia.