Latvian Business Proposes Creation of New Logistics Centers in Uzbekistan
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Latvian Business Proposes Creation of New Logistics Centers in Uzbekistan

The Ministry of Transport of Uzbekistan held discussions on transport and logistics cooperation with a delegation of Latvian businesses. The goal of the meetings was to increase transit traffic and more actively utilize the transport and logistics potential of both countries, according to the Uzbek Ministry of Transport.

The meeting took place on October 6. The delegation from Latvia was headed by Evija Dumpe, a representative of the Embassy of the Republic of Latvia in Uzbekistan.

During the negotiations, the parties considered prospects for further development of interaction between Uzbekistan and Latvia in the field of transport and logistics. Special attention was paid to increasing transit flows and improving the efficiency of using the transport systems of the two states.

Entrepreneurs from Latvia expressed interest in creating new logistics hubs on the territory of Uzbekistan. According to their proposal, such centers could be used to organize the supply of Uzbek products to the markets of China and other Asian countries.

Furthermore, the possibility of using Uzbekistan as a route for delivering goods from Asian countries to the markets of Latvia and other European states was discussed. The Latvian side also presented a number of proposals for developing cooperation in the field of rail and air transport.

Participants discussed promising areas of joint work concerning the expansion of transport corridors and the increase in cargo transportation capabilities between Central Asia, Asia, and Europe.

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Uzbekistan and Latvia Discuss Logistics and New Projects During Business Mission
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Uzbekistan and Latvia Discuss Logistics and New Projects During Business Mission

The Chamber of Commerce and Industry of Uzbekistan held a meeting with a delegation of Latvian entrepreneurs who arrived in the country as part of a business mission.

These negotiations took place ahead of the Uzbek-Latvian business forum, scheduled for October 8 in Tashkent, according to the Chamber of Commerce and Industry of Uzbekistan. The Latvian delegation included representatives from the transport and logistics, agriculture, investment, chemical industry, modern technologies, certification, and green energy sectors.

One of the central topics of discussion was the creation of an Uzbek-Latvian logistics hub based in the Port of Riga. The parties also examined opportunities for combining exporters and importers from both countries, as well as the potential for joint entry into third-country markets.

Agricultural projects occupied another significant part of the discussions. Participants studied prospects for cooperation in the field of agricultural product processing, growing and freezing fruits and berries, greenhouse construction, as well as biogas and organic fertilizer production.

Significant attention was paid to the issue of certification. The Latvian side presented opportunities for partnership with a local testing and certification center that has over one hundred and fifteen years of experience. Potential cooperation could include establishing a joint venture or opening a branch.

Entrepreneurs from Latvia were also presented with opportunities to enter the European market within the SPS+ system. Furthermore, the parties discussed prospects for interaction in the fields of startups, venture investments, and information technology.

Following the meeting, an agreement was reached to hold an online conference involving Uzbek entrepreneurs to discuss certification issues. The parties also agreed to maintain regular dialogue on priority areas of cooperation. The next stage of bilateral business interaction will be the business forum to be held in Tashkent on October 8.

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