Nukus hosted International Investment Forum Karakalpakstan.

Nukus hosted International Investment Forum Karakalpakstan.

The two-day forum was attended by representatives of international organizations from about ten countries, including from Afghanistan, Azerbaijan, China, Kazakhstan, South Korea, Pakistan, Russia, Saudi Arabia.

At the opening ceremony of the forum, Chairman of the Jokargy Kenes of the Republic of Karakalpakstan M. Yerniyazov, Deputy Prime Minister of the Republic of Uzbekistan E. Ganiyev, welcoming foreign investors, spoke about the activities being carried out on the initiative of the Head of the state to attract foreign investors to Uzbekistan and create favorable conditions for them, increase production that meets the requirements of the global market for products and increase its export potential.

The forum is aimed at creating industrial enterprises and new jobs in the Aral Sea region by attracting foreign investors, as well as familiarizing participants with the investment, export and tourism potential of the territory, customs and tax benefits provided to investors.

Following the forum, 18 trade and economic agreements worth 313 million USD were reached.

Participants of the international forum visited the city of Nukus, as well as Nukus, Khojeyli, Kanlikul districts, got acquainted with the activities of large industrial enterprises. An exhibition of products “Made in Karakalpakstan” was organized.