Chairman of the Council of Saudi Chambers Sami bin Abdullah Al-Obaidi noted that this meeting of business circles would give a powerful impetus to development of economic relations between the two countries, in particular, would serve to investment facilitation from Saudi Arabia in Uzbekistan.

Chairman of the Chamber of Commerce and Industry of Uzbekistan Adkham Ikramov emphasized that all conditions are created in Uzbekistan for Saudi Arabia’s investors, the doors of free economic and small industrial zones are always open for them, and invited entrepreneurs of the country to mutually beneficial cooperation.

It was noted that the state of trade-economic cooperation between the two countries does not correspond to the existing opportunities. Thus, the trade turnover between Uzbekistan and Saudi Arabia for the first nine months of this year amounted to only $42 million.

Presentations on the investment, tourism and export potential of Uzbekistan, free economic and small industrial zones were held at the event. Within the framework of the forum, B2B meetings between businessmen of the two countries were organized.

The visit of the delegation led by the Chairman of the Council of Saudi Chambers Sami bin Abdullah Al-Obaidi will last until December 16.