The leaders of the Chamber of Commerce and Industry of Uzbekistan and the Egyptian company El-Nasr Export & Import signed an agreement to open a distribution center and trading house for Uzbekistan companies’ products in Egypt.

This agreement will strengthen trade and economic relations between Uzbekistan and Egypt and enhance business cooperation.

The parties agreed to develop mutual trade by opening one or more trading houses for Uzbek goods, creating a distribution center, and cooperating in production in Egypt, in particular in Port Said and other regions, on terms acceptable to both parties.

The parties also agreed to exchange information on the state of the market for goods and services in the two countries and other information necessary for companies, enterprises, and organizations investing and operating in one or both countries. A working group has been formed to promote the agreement actively.

UzA