Issues of Uzbek-Japanese cooperation discussed

On 1 April, Deputy Prime Minister – Minister of Investment and Foreign Trade of the Republic of Uzbekistan Sardpr Umurzakov met with Ambassador Extraordinary and Plenipotentiary of Japan to the Republic of Uzbekistan Yoshinori Fujiyama.

During the meeting, the parties discussed the current state of political, trade, economic, cultural and humanitarian cooperation, the implementation of existing agreements and prospects for deepening partnership in priority areas.

The head of the Japanese diplomatic mission highly appreciated the scale and level of the Tashkent International Investment Forum held in March this year in the context of promoting the country’s economic, investment and trade potential in the international business community. It was emphasized that the event was attended by the heads of large Japanese companies and commercial banks such as Sojitz Corporation, Kyuden International, Nikkie, Toyota Tsusho Corporation, Mitsubishi Corporation and the Japan Bank for International Cooperation (JBIC), which indicates the growing interest of Japanese business in the Uzbek market. The parties agreed to develop cooperation in the field of attracting Japanese corporations to implement projects in Uzbekistan.

The prospects for deepening cooperation with the Japan International Cooperation Agency (JICA) were discussed. The parties welcomed the notable progress made in the implementation of joint projects, and also considered opportunities for expanding JICA’s activities in Uzbekistan. Promising areas in this context were the areas of animal husbandry, irrigation and water-saving technologies.

Following the meeting, the parties, having considered other areas of Uzbek-Japanese cooperation, outlined further steps for practical cooperation, promotion of bilateral agreements and accelerating the implementation of agreed projects.