President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting with President of the Republic of Azerbaijan Ilham Aliyev on his arrival in Baku.

The presidents reviewed in detail the implementation of agreements reached at the highest level. It has been noted with deep satisfaction that owing to systemic and productive contacts, the Uzbek-Azerbaijani relations of strategic partnership have reached a qualitatively new level and been filled with concrete content.

Trade turnover between the two nations grew by more than 50% last year. Cooperation projects in top-priority spheres like automotive industry, textile and silkworm making have been actively pursued. Prospective projects in the oil and gas, transport and logistics sectors are being elaborated.

An agreement on setting up a joint investment fund was signed as part of the first Forum of Regions that was held in Tashkent in February this year.