TASHKENT: Malaysia and Uzbekistan have agreed to activate the work of the intergovernmental Joint Committee on Trade and transform the committee into ...
Malaysia and Uzbekistan have agreed to activate the work of the intergovernmental Joint Committee on Trade and transform the committee into the Intergovernmental Joint Commission.
“The leaders underscored the importance of prioritising the expansion of mutually beneficial trade and economic cooperation between Uzbekistan and Malaysia,” the statement said. In order to stimulate mutual trade, both leaders also emphasised the necessity to systematically continue the work on further development of air transport connections, and the establishment of new convenient logistics routes to ensure ease of doing business in both countries.
Both leaders also noted with satisfaction that there are some progressive engagements between Uzbekistan and Malaysia in creating a conducive halal industry ecosystem that will bring mutual benefit. Both leaders also agreed to facilitate the investment procedures for both incoming and outgoing investors, thereby creating a conducive environment for the healthy exchange of investment-related activities between Malaysia and Uzbekistan.
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