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Uzbekistan and Egypt to set up fruit processing joint ventures

foodmate 2019-03-05
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On March 1, 2019, an Uzbek-Egyptian business forum was held in Tashkent, Uzbekistan. It coincided with the visit of Egyptian delegation led by Deputy Minister of Trade and Industry of Egypt, Ahmed Taha Boraya.

The event was attended by representatives of business circles of the two countries: officials of more than 40 Egyptian companies joined the delegation to discuss bilateral cooperation and enhance business ties in various areas, including the production of building materials, pharmaceuticals, food products as well as expanding cooperation in the tourism sector.

In his welcoming speech, the head of the delegation noted that Uzbekistan is a key partner for Egypt in Central Asia: "Egypt was one of the first Arab countries to recognize the independence of Uzbekistan and was the first state to open its embassy in Tashkent in 1993. We are confident that Egypt can become the gateway of Uzbekistan to Africa, and in turn, Uzbekistan can serve as our exit to the region of Central Asia. "

Egyptian Ambassador Amani Al-Itr praised Uzbekistan for the reforms, for the introduction of market mechanisms for foreign exchange regulation, and the creation of favorable conditions for doing business.”

Within the framework of business forum, bilateral negotiations and cooperation exchanges were organized. Plans were forged to increase the supply of fruits, vegetables, nuts and dried fruits, set up joint ventures for the processing of fruits and vegetables and the production of natural jams and pastes.

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