A significant meeting took place between President Shavkat Mirziyoyev of the Republic of Uzbekistan and President Recep Tayyip Erdogan of the Republic of Turkey in Budapest, underscoring the depth of their bilateral ties and their commitment to further enhancing comprehensive strategic partnership relations. The discussions held between the leaders centered on not only strengthening their partnership but also expanding their multilateral cooperation, according to a report from the press service of the President.
Economic and trade developments
The economic aspect of the relationship between Uzbekistan and Turkey was a focal point of the meeting. The leaders highlighted the substantial growth in mutual trade indicators, emphasizing that the Preferential Trade Agreement, which came into effect on July 1 of the current year, plays a pivotal role in facilitating this growth. Furthermore, the remarkable accomplishment of surpassing 2,500 joint ventures further showcases the robust economic cooperation between the two nations.
Investment prospects
The leaders also welcomed the prospective investment endeavors of leading companies from both Uzbekistan and Turkey, particularly in priority sectors. This indicates a shared commitment to fostering economic development and technological advancement, with the goal of achieving mutual benefit and progress.
Strategic cooperation and international engagements
Amid the discussions, the leaders of Uzbekistan and Turkey turned their attention to the future trajectory of their bilateral relations. They discussed a comprehensive plan of bilateral and multilateral activities, including preparations for the upcoming joint Strategic Cooperation Council meeting and participation in the summits of key international organizations such as the Organization of Turkic States and the Economic Cooperation Organization. These engagements highlight their active roles in regional and international platforms, where they contribute to shaping collective strategies and advancing shared goals.
Earlier Daryo mentioned that at the invitation of Hungarian Prime Minister Viktor Orbán, the President of the Republic of Uzbekistan Shavkat Mirziyoyev and his wife came to Budapest on a business visit.
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