Ministry of Investment, Industry and Trade of the Republic of Uzbekistan

 On October 7th of this year, a meeting took place between Laziz Kudratov, Minister of Investment, Industry and Trade of the Republic of Uzbekistan, and D. De Falco, Deputy Assistant Secretary of Commerce of the USA.

The parties discussed a wide range of bilateral issues aimed at strengthening trade and economic cooperation between the two countries.

Special attention was given to the organizational aspects of upcoming joint events. Among the main topics were the organization of an informal virtual trade dialogue and the conduct of reciprocal business missions. In addition, the possibilities for Uzbekistan's participation in the International Hydrogen Program were considered.

Joint measures to expand cooperation in the fields of geology and metallurgy, chemistry, and the textile industry were discussed. Particular attention was paid to the issue of restoring the Generalized System of Preferences (GSP), which will allow for expanded access of Uzbek products to the US markets.

The American side expressed readiness to provide technical and advisory assistance to Uzbekistan's participation in the SABIT program to enhance the qualifications of local enterprises in the field of international marketing and export diversification, which will strengthen the potential of the national brand "Made in Uzbekistan". Issues related to Uzbekistan's participation in the Commercial Law Development Program (CLDP) were also discussed.