Indian business focus on Uzbekistan and Central Asia

15.08.2020 11:16

The Confederation of Indian Industries (CII) hosted a roundtable discussion on “India and Central Asia: Changing the agenda for future growth and prosperity”, via videoconference.

The online event was attended by prominent politicians of the country, heads of companies and representatives of the business community, academic researchers, heads of diplomatic missions. Uzbekistan was represented by a delegation headed by the Ambassador of the country to India Dilshod Akhatov.
 
Opening the event, Rakesh Gaur, Co-Chair of the CII Central Asia Committee, briefly dwelled on the current state of India’s cooperation with Central Asian countries.
 
According to him, the parties have great potential for deepening cooperation in healthcare, pharmaceuticals, education, hospitality, tourism, construction sector and others. According to Rakesh Gaur, the main factors hindering the expansion of trade and economic cooperation between India and the countries of the region remain transport and logistics, high freight costs, as well as the lack of awareness of the Indian business community about the available business opportunities in Central Asia. In this regard, he called on the chambers of commerce and industry of the parties to intensify their work in this direction.
 
In his speech, the Ambassador of Uzbekistan informed the participants about the current development of Central Asia, the vision of prospects for development of the region and its interaction with India, Uzbekistan – India relations, as well as measures taken in Uzbekistan to stabilize the economy amid the pandemic.
 

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