Uzbekistan and Iraq are intensifying their economic ties, marking a significant step forward in cooperation. This initiative was highlighted during the Uzbek-Iraqi Investment and Business Forum held in the historic city of Samarkand. The event gathered over 400 entrepreneurs and business representatives from both nations.
Key Participants and Objectives
The forum attracted senior officials from essential ministries and agencies, alongside representatives from chambers of commerce and various industry bodies. It was organized as per the directives of President Shavkat Mirziyoyev to enhance foreign market access, elevate exports, and fortify industrial cooperation.
Focus on Structured Dialogue
During discussions, participants acknowledged the transition from initial contacts to a well-structured dialogue between the two countries. There was a notable commitment to initiating concrete trade, economic, and investment projects.
Strengthening Business Ties
One of the main goals was to enhance business-to-business (B2B) connections. Emphasis was placed on:
- Ensuring regular interactions among entrepreneurs
- Organizing reciprocal business missions
- Jointly developing cooperative initiatives
Outcomes of the Forum
The forum successfully facilitated B2B meetings, which resulted in the signing of several agreements and contracts. These agreements aim to support joint projects and enhance bilateral trade and economic relations between Uzbekistan and Iraq.
This event underscores a promising future for the economic partnership between Uzbekistan and Iraq, fostering opportunities for both nations to thrive through cooperation.
