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    Uzbekistan Economics Business

    Tashkent International Investment Forum tackles global supply chain challenges in era of uncertainty

    Tashkent International Investment Forum tackles global supply chain challenges in era of uncertainty

    In a dynamic world where global supply chains face unprecedented challenges, a recent roundtable during the Tashkent International Investment Forum titled "Supply Chains and Sustainability: Finding Balance in Times of Uncertainty" convened experts to delve into the complexities and chart a course forward. The discussion, which attracted participants from diverse sectors, focused on navigating the evolving landscape of supply chains while prioritizing sustainability goals.

    Photo: Experts gather to tackle global supply chain challenges at TIIF-2024
    Source: TIIF2024

     

    Key stakeholders, including Turkish Deputy Trade Minister Sezai Uçarmak and Suvra Chakraborty, managing partner of Rishi Partners, emphasized the importance of collaboration and innovation in addressing the multifaceted issues plaguing supply chains today. Minister Uçarmak highlighted the strategic cooperation between Türkiye and Uzbekistan on supply routes, expressing confidence in further strengthening this alliance.

    “Türkiye and Uzbekistan have a strategic cooperation on supply routes. And I am confident that we can unite even stronger in this direction. We believe that together we can achieve effective cooperation," Minister Sezai Uçarmak noted.

    Chakraborty, on the other hand, questioned why products from certain regions could reach global markets while others faced barriers, underlining the need for equitable access and distribution.

    Photo: Participants discuss the impact of recent disruptions on supply chains
    Source: TIIF2024

     

    The dialogue underscored the profound impact of recent disruptions, ranging from epidemiological crises to shifts in consumer demand and technological advancements. Participants highlighted the imperative of consolidating efforts across the public and private sectors to revamp transportation networks, enhance logistical capabilities, and integrate cutting-edge technologies into supply chain management practices.

    Mike Formoso, Vice President of PSA International, and executives from renowned companies like John Deere and Rishi Partners contributed valuable insights into the intricate interplay between sustainability objectives and supply chain performance. As the discussion unfolded, consensus emerged on the necessity of harmonizing these seemingly divergent priorities to foster resilience and adaptability in the face of uncertainty.

    The roundtable served as a platform for stakeholders to exchange ideas, share best practices, and explore innovative solutions to the challenges confronting modern supply chains. By fostering collaboration and leveraging emerging technologies, participants expressed optimism about steering supply chains toward greater equilibrium while advancing sustainability goals.

     

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    04.05.2024, 08:30   Comments (0)   1167
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