Uzbekistan clears import of Indian products
Air corridors would play a critical role in deepening economic relations between India and Central Asian economies which has a free trade agreement with Uzbekistan, Indian Ambassador Manish Prabhat told the 2nd Edition of Namaskar Eurasia Expo held virtually on 24 Feb 2021.
Uzbekistan has also started negotiations with the European Union for Generalised Scheme of Preferences (GSP) to give opportunities to export goods to European markets, Uzbek envoy in Delhi, Dilshod Akhatov, added.
Uzbekistan is the focus country at the Namaskar Eurasia Expo and Business Forum 2021.
Amb. Akhatov hoped that the expo’s special focus on Uzbekistan will further contribute to enhance development of mutually beneficial cooperation between Uzbekistan and India.
Elaborating, Prabhat informed that the Government of Uzbekistan had cleared the import of Indian products, including mangoes, bananas, pomegranate, basmati rice, wheat flour, and soyabeans, while the Indian Government had permitted the import of lemons and melons from Uzbekistan.
The Ambassador called on Indian importers and exporters of food products to join Uzbek partners to engage in a Buyer Seller meet and enhance the potential in perishable items.
Expo organiser FICCI has been instrumental in promoting a dialogue between key stakeholders and stands to play a pivotal role in actuating the corridors in the times to come, added Prabhat.
“India-Central Asia relations are united by strong threads of ancient trade & investment, history & culture, beliefs & philosophy that have evolved over the years crafting the ‘Next Phase’ of transformative change,” underlined Harjinder Kaur, Co-Chair, India-Uzbekistan Forum for Business and Entrepreneurship & Immediate Past President, FICCI Ladies Organisation.
“We at FICCI are of the view that a new beginning has been made and the Expo will ensure B2B engagements that would translate into many more business opportunities for our industries in the years to come,” she said.
One of the effective initiatives for business cooperation is the India Central Asia Business Council between India and the Central Asian Countries, according to Ikramov Adkham Ilkhamovich, Chairman, Chamber of Commerce & Industry of the Republic of Uzbekistan.
“Despite the global pandemic, our countries created favourable environments with Central Asian countries and India,” he told the Expo.
The current pandemic brings new opportunities for the emerging economies, Zhandos Temirgali, Managing Director, KAZAKH INVEST, National Company, JSC, pointed out.
“Now is the time to strengthen our economic ties based on new and resilient value chains,” stressed Temirgali. #exports #investment #manufacturing #trade /fiinews.com
