Joint Economic Forum of Ukraine and Uzbekistan will held on June 6 in Kiev

BusinessJoint Economic Forum of Ukraine and Uzbekistan will held on June 6...

Monitoring Desk: The Ukrainian-Uzbek economic forum will be held in Kiev on the theme: “Ukraine and Uzbekistan: prospects for the development of economic relations.

According to an official statement issued by the press service of the Chamber of Commerce and Industry (CCI) of Uzbekistan, both the countries will discuss to further enhance bilateral trade during this forum.

Uzbek CCI noted that holding an economic forum will help strengthen the relations between the two countries.

According to the organizers of the event, Ukraine and Uzbekistan will discuss modalities to enhance trade in several spheres including agriculture, non-alcoholic beverages, oil and gas, energy, IT technologies and other spheres as priority areas for cooperation.

Uzbekistan and Ukraine enjoys excellent trade relations and stable Uzbek economy is ready to accept more items of daily usage from Ukraine markets. Ukrainian chocolates are one of the most popular items one can find in Uzbek shops.

The suspension of direct airline flights from Ukraine to Uzbekistan has hampered bilateral trade between the two countries and trade experts are of the view that resumption of direct airline flights are a must step both the countries should take without further delay because people to people contact and flow of daily use items are going down drastically due suspension of direct flights.

“The forum is organized by the Embassy of the Republic of Uzbekistan in Ukraine, ICC Ukraine, Chamber of Commerce and Industry of Ukraine and LLC “Stanley Group” with the support of the Ministry of Economic Development and Trade of Ukraine, the Ministry of Foreign Affairs and the Ministry for Foreign Trade of the Republic of Uzbekistan”, reports official news agency of Uzbekistan.

It may be mentioned that Ukraine adopted a bill in November 2015 to reduces the additional taxes/fee from imported goods to Ukraine. This law attracting businessmen and stimulate foreign economic activity. This bill safeguard and ssimplify market relations with different countries of Asia, Europe and countries of other regions, open additional revenues, both to the state treasury, and to profits for medium and large businesses.

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