Jordan and Uzbekistan Ministers Discuss Economic Cooperation and Trade Agreement Plans

Amman:Minister of Industry, Trade and Supply Yarub Qudah and Uzbekistan's Minister of Investment, Industry and Trade Laziz Kudratov held discussions on Monday about enhancing economic, trade, and investment cooperation between the two countries. The talks also focused on preparations for the upcoming visit by the President of Uzbekistan to Jordan.

According to Jordan News Agency, the discussions included plans for a preferential trade agreement to be signed during the presidential visit, which is expected to play a crucial role in increasing trade volume, stimulating joint investments, and achieving integration in production chains.

The ministers reviewed strategic projects and joint feasibility studies in sectors such as mining, fertilizers, energy, and the textile and chemical industries. They explored ways to leverage the industrial capacities available in both countries to target international markets.

Plans for a joint Jordanian-Uzbek business forum were also agreed upon, to be held on the sidelines of the presidential visit. This forum will feature sector-specific meetings between business representatives and companies from both countries, aiming to establish effective investment and trade partnerships. Additionally, the ministers agreed to continue coordination for holding Joint Committee meetings post-visit to follow up on outcomes.

Kudratov expressed Uzbekistan's commitment to ensuring the success of the presidential visit and achieving practical and fruitful cooperation results.