Uzbekistan and Azerbaijan form joint textile cluster

Economy

During his visit to Baku, Uzbek Minister of Investment, Industry and Trade Laziz Kudratov met with Azerbaijani Economy Minister Mikayil Jabbarov.

Uzbekistan and Azerbaijan form joint textile cluster
According to the Ministry of Investment, Industry and Trade, issues of investment, trade-economic and industrial cooperation between the two countries were discussed during the talks.

Practical issues of the Uzbek-Azerbaijani investment company were discussed. An agreement was reached to increase the number of promising investment projects planned to be financed at the expense of the fund and early appointment of the management.

Implementation of joint projects on construction of water treatment facilities, tourism facilities, production of metal products and household appliances, medical equipment, organisation of a textile cluster in the territory of the two countries was discussed in detail.

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