On 6 June, the first meeting of the Uzbek-Turkish Business Council was held in Ankara. President of Uzbekistan Shavkat Mirziyoyev and President of Türkiye Recep Tayyip Erdogan took part in the work of the council.

From Uzbekistan, the companies Global Textile, ProCab, Agromir Group, ERIELL Group, Akfa Holding, Murad Buildings, SAG, BMB Holding, and Uzbekistan Hydrogen participated in the event.

The Turkish side was represented by such large holdings as Çalık, Cengiz, Acibadem, Eczacıbaşı, Anadolu Group, Aksa Energy, Zorlu, Kalyon, Onur Group and others.

This dialogue with entrepreneurs took place for the first time in this format. The Presidents of Uzbekistan and Türkiye noted that the creation of the Uzbek-Turkish Business Council symbolizes a new stage in the development of bilateral relations.

The President of Uzbekistan noted the positive dynamics of bilateral trade, economic and investment partnership. Over the past five years, the number of enterprises with Turkish capital has tripled, reaching 2,000, and the volume of investments has doubled.

As a result of the recent business forum, a significant package of bilateral documents was signed in the fields of agriculture, construction, energy, healthcare, geology, electrical engineering, production of building materials, jewelry, textile and leather industries.

The President gave examples of the successful activities of Turkish companies Cengiz Energy, Aksa Energy, Çalık Holding, Eczacıbaşı and Anadolu in the energy, construction, mining and food industries.

He also outlined promising areas of cooperation, such as expanding investment cooperation and industrial cooperation.

An agreement was reached on the creation of an Uzbek-Turkish industrial cluster, which will become an industrial zone in Uzbekistan and a locomotive of interaction between the two countries.

The President of Uzbekistan paid special attention to the development of public-private partnership mechanisms, through which it is planned to implement projects worth more than US$3 billion.

Cooperation in the mining industry was also emphasized, where practical work has already begun with Turkish mining and geological companies on the study and extraction of mineral resources.

Turkish President Recep Tayyip Erdogan expressed his desire to further strengthen mutually beneficial relations with Uzbekistan in all areas. He noted the great potential for the development of direct cooperation between the business communities of the two countries and called on the Council participants for a constructive dialogue.

During the exchange of views, representatives of Turkish business circles highly appreciated the opportunities created by reforms in Uzbekistan and expressed their readiness to implement long-term plans in our country.

At the meeting, specific proposals were voiced to deepen cooperation in priority areas from the heads of leading companies in Uzbekistan and Türkiye.

The heads of state thanked business representatives for their willingness to work together and instructed responsible leaders to provide comprehensive support to entrepreneurs.