The Trade House of Uzbekistan has commenced operations in Minsk, and its opening was timed to coincide with the official visit of the President of Uzbekistan, Shavkat Mirziyoyev, to Belarus. This was reported by the press service of the Chamber of Commerce and Industry.
Details of the new trade house
The new facility is located at Pobedy Street, 63V, and covers an area of 261.3 square meters. It will continuously showcase electrical goods, textiles, household items, agricultural products, and other export goods produced in Uzbekistan, which will be supplied to the Belarusian market wholesale.
Participants in the opening ceremony
The opening ceremony was attended by Jamshid Khodjaev, Deputy Prime Minister of Uzbekistan; Yuri Shuleiko, Deputy Prime Minister of Belarus; Davron Vakhabov, Chairman of the Chamber of Commerce and Industry of Uzbekistan; and Mikhail Myatlikov, Chairman of the Chamber of Commerce and Industry of Belarus.
Goals and prospects for cooperation
According to Davron Vakhabov, the volume of mutual trade between the two countries has already approached one billion US dollars. Furthermore, the leaders of Uzbekistan and Belarus set a goal to increase this amount to two billion US dollars. The Chamber of Commerce and Industry noted that this location will expand the presence of Uzbek products in the Belarusian market, create new opportunities for local producers, and promote the development of direct ties between entrepreneurs, as well as the implementation of joint investment and production projects.
State support and previous steps
The government of Belarus emphasized that the trade house is intended to serve as a showcase for Uzbekistan's export potential, as well as to facilitate business contacts and the launch of joint enterprises. The opening of the trade house marks the next stage of interaction between the chambers of commerce of both nations. Previously, during the visit of the delegation of the Government of Belarus to Uzbekistan in February, the parties held a business forum that concluded with the signing of contracts and agreements worth almost 110 million US dollars. At the same time, the Tashkent restaurant of Uzbek cuisine opened in Minsk.