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MSMEs a focused area for India- Uzbekistan trade relations: Union Minister Piyush Goyal

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MSMEs a focused area for India- Uzbekistan trade relations: Union Minister Piyush Goyal

New Delhi, July 29 (KNN) Union Minister for Commerce and Industry Piyush Goyal has highlighted seven emerging areas of cooperation between India and Uzbekistan which includes the MSME sector.

He also stressed on areas such as Digital Payments, Space Cooperation, Agri and Dairy, Pharma, Gems and Jewellery and called for greater cooperation such fields. 

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The Commerce Minister was addressing the 13th session of India-Uzbekistan Inter governmental Commission (IGC) in the capital on Thursday.

He termed India-Uzbekistan ties as key to India’s vision of integrated extended neighbourhood.

Both the countries much explore ways and opportunities to enhance connectivity for trade facilitation, said the minister.

“Despite Covid-19, interactions & trade have increased in the last few years. Trade has increased from USD 247 million in 2019-20 to USD 342 million in 2021-22, a growth of 38.5 per cent,” he mentioned.

Jamshid Khodjaev, Deputy Prime Minister and Minister of Investments and Foreign Trade of the Republic of Uzbekistan said in his address that he is looking forward to the visit of Prime Minister Narendra Modi to Uzbekistan in September.

He said the visit of PM Modi will be utilized fully for giving a significant boost to the bilateral relations in several areas of mutual interest. (KNN Bureau)

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