Italy and Uzbekistan discuss increased cooperation

Friday, 24 February 2012 16:05:59 (GMT+3)   |  
       

Officials of Uzbekistan's foreign affairs ministry and the Italian ambassador Riccardo Manar discussed the current state and prospects of bilateral cooperation on Wednesday, February 22 in the Uzbek capital Tashkent, according to the press service of the foreign ministry.

32 companies with Italian investment operate in Uzbekistan, including 28 joint ventures and 4 companies with 100 percent Italian capital. Large Italian companies such as plantmaker Danieli & C.Officine Meccaniche SpA are currently operating in the Uzbek market.

During the meeting of the Uzbek-Italian working group on trade, economic and industrial cooperation and exports which took place in October last year in Tashkent, the Italian business community expressed their willingness to increase economic and industrial cooperation with Uzbekistan. The Italian businessmen in particular expressed interest in cooperation in the energy sector and in the steel industry in Uzbekistan.