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NEWS

Uzbekistan, Canada to enhance investment cooperation

21 November 2012

http://en.trend.az of 11/21/2012 - A wide range of issues of bilateral relations, including in the political, trade and economic, investment, cultural and humanitarian spheres was discussed during Uzbek-Canadian political consultations held in Ottawa, Foreign Ministry of Uzbekistan said.

The negotiations were attended by delegations of Uzbek Foreign Ministry and Canadian Department of Foreign Affairs and International Trade.

The parties reaffirmed the importance of enhancing parliamentary contacts. In particular, the Uzbek side stressed that establishing Canada - Uzbekistan Friendship Group in the House of Commons in October 2012 is seen as further evidence of the interest of the two countries' legislators in deepening ties.

The parties paid special attention to the state and prospects of development of bilateral trade and investment cooperation. They also emphasized interest in institutionalizing the relations in this area, including through expanding the legal framework.

Proposals on mutually beneficial projects in various sectors of the Uzbek economy, including the Navoi free industrial economic zone and Angren special industrial zone were drawn to the Canadian side's attention.