Agreements worth $2.5 billion were signed at the Uzbek-Kazakh Business Forum in Tashkent

Following the results of the interregional Uzbek-Kazakh business forum held in Tashkent on December 21 this year, 40 documents on investment and trade and economic cooperation between the two countries totaling $2.5 billion were signed.

The forum was attended by more than 400 delegates from both sides.

B2G and B2B meetings were held at the business forum site, new areas of cooperation were outlined.

Participants of the support programs of JSC «Center for the Development of Trade Policy «QazTrade» concluded 11 commercial documents totaling $112.7 million. Among them is an agreement between the Kazakh company «Temirzhol Zhondeu» LLP and «Uzbekistan Temir Yollary» on the supply of railway repair services on the Angren-Pape-Kokand-Andijan-Savai section. Contractual obligations under the agreement will amount to over $80 million.

In addition, agreements were signed on the introduction of artificial intelligence in the healthcare sector of the Republic of Uzbekistan, on the export of aluminum wire rod, flour, apple juices and spices by Kazakh companies.

Today in Kazakhstan there are more than 1400 enterprises with the participation of Uzbek capital and more than 400 joint Kazakh-Uzbek companies in the fields of trade, professional and scientific activities, construction, transport, warehousing and others.