Uzbekistan and Belgium Deepen Economic Ties

Uzbek-Belgian Business Forum Strengthens Bilateral Economic Cooperation

In a significant development, Uzbekistan and Belgium have taken a step towards enhancing their economic relations. A high-level business forum held in Tashkent, the Uzbek capital, brought together representatives from both countries to explore new avenues of collaboration.

Strengthening Trade and Investment

The forum focused on bolstering trade and investment between Uzbekistan and Belgium. With Belgium being a major economic hub in Europe, Uzbekistan seeks to attract Belgian investment and expertise in key sectors such as textiles, pharmaceuticals, and renewable energy.

Collaboration in Strategic Areas

Beyond trade, the forum also discussed cooperation in strategic areas. Uzbekistan and Belgium identified potential partnerships in infrastructure development, transportation, and agriculture. The two countries agreed to establish working groups to explore specific project opportunities.

Expanding Connectivity

Recognizing the importance of connectivity, the forum participants emphasized the need for enhanced transportation links between Uzbekistan and Belgium. They discussed the potential for direct flights between Tashkent and Brussels, as well as the development of multimodal transport corridors.

Cultural and Educational Exchanges

In addition to economic cooperation, the forum also highlighted the importance of cultural and educational exchanges. The two countries agreed to promote student mobility and facilitate cultural events to foster mutual understanding.

High-Level Participation

The Uzbek-Belgian Business Forum was attended by senior government officials, business leaders, and industry experts from both countries. Uzbekistan's Deputy Prime Minister Sardor Umurzakov and Belgian Deputy Prime Minister Pierre-Yves Dermagne led their respective delegations.

Building on Past Foundations

The business forum builds on the strong diplomatic relations between Uzbekistan and Belgium, which were established in 1992. Over the years, the two countries have steadily expanded their cooperation in various fields.

Outlook for the Future

The Uzbek-Belgian Business Forum is expected to further strengthen economic ties between the two countries. By identifying potential areas of cooperation and establishing a framework for future collaboration, the forum is laying the groundwork for mutually beneficial economic development.