IFT Minister holds a videoconference with the President of Lombardy region
Negotiations were held between the Deputy Prime Minister, Minister of Investments and Foreign Trade of the Republic of Uzbekistan S. Umurzakov and the President of the Lombardy region (Italy) Attilio Fontana.
Negotiations were held between the Deputy Prime Minister, Minister of Investments and Foreign Trade of the Republic of Uzbekistan S. Umurzakov and the President of the Lombardy region (Italy) Attilio Fontana, via videoconference.
The parties discussed prospects for development of bilateral cooperation, mechanisms for strengthening trade-economic ties, expanding investment, interregional and cultural-humanitarian cooperation.
Measures to increase the trade turnover between the two countries by increasing the supply of Uzbek and Italian products were considered.
The trade turnover between Uzbekistan and Italy in 2019 increased by 30% and amounted to over $400 million. In January-May this year, the trade turnover amounted to $142.9 million with an increase of 19.4% compared to the same period last year.
Interregional cooperation during the negotiations was identified as a promising direction of Uzbekistan – Italy relations for transition to a new format of economic and industrial cooperation, intensification of business, cultural and humanitarian ties.
The possibilities of establishing contacts with Poli.design School at Polytechnic University of Milan were considered in order to develop an initiative on creating an Italian Design Center in Tashkent.