Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov Holds Series of High-Level Meetings in Asunción to Advance Trade and Investment Cooperation
2026-02-27 09:20:00 / News
During his working visit to the Republic of Paraguay, the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov, held a series of meetings in Asunción aimed at intensifying trade, economic and investment cooperation. Negotiations were conducted with the Ministers of Industry and Commerce, Livestock, and Geology, as well as with the President of Paraguay’s National Electricity Administration (ANDE).
The parties discussed the gradual expansion of reciprocal market access, measures to increase bilateral trade, and prospects for cooperation in agro-industry, energy, mining, chemical and textile sectors, along with the development of an institutional framework for long-term partnership.
Particular attention was given to boosting trade volumes, establishing regular supplies of meat products, expanding exports of Uzbek fertilizers and textiles, and implementing joint projects under the Maquila regime to access MERCOSUR markets. The sides also considered the establishment of an Intergovernmental Commission and the preparation of an Industrial Cooperation Program for 2026–2027.
A roundtable meeting with executives of leading Paraguayan companies was also held, focusing on specific investment projects and the transition to the practical implementation of the agreements reached.