Prospects of economic cooperation with Uzbekistan were discussed in the Ministry of Economic Development and Trade of the Republic of Armenia

ArmInfo. Minister of Economic Development and Investments of Armenia Suren Karayan met December 6 with First Deputy Minister of Economy of Uzbekistan Sanatul Bekenov. As the press service of the ministry reports, the parties discussed prospects for economic cooperation.

"In economic relations between Armenia and Uzbekistan there is a great untapped potential, and in this connection it is necessary to take effective steps," S. Karayan said. The Minister noted that the Armenian side has already formed an interdepartmental working group that, together with its Uzbek partners, will explore promising areas where there is the possibility of developing economic cooperation. For his part, S. Bekenov added that between friendly nations there are great opportunities for the development of economic relations. He noted that the policy of Armenia aimed at stimulating exports can become an example, stressed the importance of sharing experience in certain areas.  According to the source, the parties discussed the prospects for creating joint production cooperatives and exporting to third countries. As well as opportunities for cooperation in the fields of light industry, agriculture, etc. During the meeting, opportunities for cooperation within FEZ in Meghri were also presented.