Kuala Lumpur hosted the second online forum between the parliaments of Uzbekistan and Malaysia, organized with the assistance of the Embassy of Uzbekistan in Malaysia.

The event on “New Uzbekistan Initiatives” was chaired by the Deputy Speaker of the Legislative Chamber of the Oliy Majlis Ulugbek Inoyatov and the Deputy Speaker of the House of Representatives of the Parliament of Malaysia Mohd Rashid bin Hasnon. It was attended by members of the legislative bodies of Uzbekistan and Malaysia, including representatives of parliamentary friendship groups, as well as ambassadors of the two countries.

The parties shared the opinion on the need for diversifying trade, economic and investment cooperation between the countries. In 2020, the trade turnover amounted to $75.76 million: exports – $11.7 million (an increase by 60.2%), imports – $64.06 million.

An interest was expressed in establishing cooperation in the implementation of a new generation of information technologies – the Internet of Things, Big Data, artificial intelligence and blockchain, which played an important role both in the fight against the epidemic and in its prevention, along with the resumption of industrial production.

UzA