Why is this important
This step strengthens the direct business dialogue between Uzbekistan and China, promotes Uzbek investment and export opportunities, and can accelerate the implementation of joint projects, especially in priority sectors.
Key details
- The center will inform Chinese entrepreneurs about Uzbekistan’s investment potential, export opportunities, and business preferences.
- The main areas of focus are agriculture, IT, industry, pharmaceuticals, and green energy.
- The Chinese side described the opening as an “important practical step” towards strengthening the strategic partnership.
- In addition to the center in China, Uzbekistan plans to open a comprehensive center for supporting joint ventures and an office for attracting investments to industrial parks in the country.
Context
China is a key partner of Uzbekistan: according to the data, the volume of bilateral trade has already exceeded $14 billion. The Center in Shanghai will complement the existing initiatives of the Uzbek side to strengthen its presence in the Chinese market and promote joint projects.
The task is to transform diplomatic relations into concrete investments and joint production, which requires reliable infrastructure, a legal regime, and transparent conditions for investors.
