The Uzbek-Kazakh Business Forum and the 4th meeting of the Uzbek-Kazakh Business Council were held in the capital of Kazakhstan, the press service of the Ministry of Investment and Foreign Trade of Uzbekistan reports. 15 agreements were signed for a total of 2 billion US dollars.

According to available data, there are 1,400 enterprises with Uzbek capital in Kazakhstan. On the eve of this forum in the Turkestan region, businessmen of the two countries also reached agreements for $ 600 million, UzA reports.

During the forum, representatives of ministries, departments, industry associations and businesses spoke about the prospects for cooperation and presented promising joint projects. The practical aspects and mechanisms of state support for the proposed projects were discussed by the participants of the meetings of negotiations in the "G2B" and "B2B" formats.

Following the forum, trade contracts and bilateral agreements totaling $ 5.9 billion were signed, the ministry said. The concluded agreements will create the basis for the creation of 20-30 thousand new jobs over the next few years. Following the meeting, the Chamber of Commerce and Industry of the Republic of Uzbekistan and the National Chamber of Entrepreneurs of the Republic of Kazakhstan approved the main action plan of the Uzbek-Kazakh Business Council for 2022.