Uzbekistan and Serbia Discuss Expanding Business and Investment Cooperation
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Uzbekistan and Serbia Discuss Expanding Business and Investment Cooperation

Representatives from Uzbekistan and Serbia held discussions aimed at deepening trade and investment interaction, as well as establishing direct contacts between companies from both countries. According to the Chamber of Commerce and Industry of Uzbekistan, these negotiations took place ahead of the President of Uzbekistan's visit to Serbia.

Jamil Maksudi, an advisor to the Chairman of the Chamber of Commerce and Industry of Uzbekistan, conducted a series of meetings with representatives of Serbian business organizations and companies. A special meeting was organized with Mihailo Vesović, Vice President of the Chamber of Commerce and Industry of Serbia, and the head of the Palace's international cooperation department.

Participants discussed methods to strengthen the activities of the Uzbekistan-Serbia Business Council and expand direct interaction between entrepreneurs from the two states. Significant attention was paid to the development and implementation of joint investment projects.

The agricultural sector, including meat production projects, was identified as a potential area for cooperation. The parties also reviewed trade conditions and tariff regulation, as well as opportunities for more effective utilization of the benefits of the GPA+.

Furthermore, prospects for investment cooperation in the fields of information and communication technologies and light industry were studied. During the visit, conversations were held with representatives of Serbian firms operating in the agro-industrial sector and other sectors of the economy. The expansion of trade and investment ties, as well as scientific and technological exchanges, including potential joint projects focused on agricultural clusters in Uzbekistan, were discussed.

Viktor Ribich, a representative of the Chamber of Commerce and Industry of Uzbekistan in Serbia, participated in organizing these meetings. Both sides expressed interest in further developing business ties and increasing the number of joint initiatives. It is expected that ongoing negotiations will open up additional opportunities for expanding bilateral trade and investment partnership.

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