On 23 June at the Kuksaroy residence President of the Republic of Uzbekistan Islam Karimov met with Prime Minister of the Republic of India Narendra Modi, who arrived in our country to take part at the summit of Shanghai Cooperation Organization.
At the meeting with Prime Minister of the Republic of India, Islam Karimov highlighted that this meeting is a logical continuation of political negotiations on the highest level and a good opportunity to discuss the pace of implementation of reached agreements and to determine prospects of cooperation.
Uzbekistan pays a special attention to relations with India. Trade-economic and investment cooperation between our countries has steadily improved. In the last five years the mutual trade turnover increased twofold. In 2015 this indicator amounted to around 320 million US dollars. Over 100 enterprises with Indian capital and representative offices of 15 firms and companies of this country operate in Uzbekistan.
Investment cooperation is widening as well. A number of joint projects, targeted towards production of competitive industrial goods, are implemented in our country. In collaboration with Indian company “Minda Group”, speedometers, tachometers and other types of electronic devices for cars are produced at the Navoi special industrial and economic zone. Novafarm, Ultra Health Care, Well Med Farm enterprises manufacture pharmaceutical products in wide assortment.
Uzbekistan and India are strengthening cooperation within the frameworks of regional and international organizations, actively support each other on world stage.
The President of our country noted that Uzbekistan supports India’s efforts to join the SCO and this will increase the authority of the organization and serve to ensure peaceful life and welfare growth of region’s peoples.
Narendra Modi expressed candid appreciation to President Islam Karimov for a warm welcome and stressed that India is interested in further developing cooperation with Uzbekistan.