OREANDA-NEWS. November 24, 2008. Business-forum of business circles of Uzbekistan and Poland, organized by the Ministry of foreign economic relations, investments and trade of Uzbekistan, Ministry of economy of Poland and “Uzinfoinvest” Agency was conducted in Warsaw within the framework of Uzbek-Polish Intergovernmental commission on economic cooperation.

Leaders of more than 80 large Polish firms and companies took part in the business-forum.

There was presentations for representatives of polish business communities of investment possibilities and investment climate, created in Uzbekistan for foreign investors, as well as certain long-range projects, offered for joint implementation with the Polish partners from the side of the State concern “Uzfarmsanoat”, State Joint-Stock Company “Uzkhimprom”, Associations “Uzstroymaterial” and “Uzeltekhprom”, and also the National company “Uzbekturizm”.

Deputy minister of economy of Poland Grazhina Khenclevska, reporting on business-forum, noticed increasing interest of Polish business communities to adjusting of mutually beneficial and long-term relations with their Uzbek colleagues and, that bilateral meetings within the framework of business-forum will serve basis for the conclusion of specific agreements and intentions on a mutually beneficial cooperation in interesting sides spheres.

Thereupon, the sides confirmed mutual interest in deepening of investment cooperation in the field of industry, particularly in implementation of projects in:

- chemical industry (processing of cotton cellulose, production of cleansers);

- pharmaceutics (production of antidiabetic, immunobiological, antimicrobial preparations);

- agricultural engineering;

- food and fruit and vegetables processing (creation of joint ventures on the production of food products, including canned goods, concentrates, jams and juices and other on the base of local raw material);

- agriculture (animal breeding, raising potatoes, selection of seed);

- electrical engineering industry (joint implementation of projects on organization of production of new electrical engineering wares, energy-saving electric bulbs, photo-electric elements, and also

- production of building materials (cement, sanitaryware ceramic items, ceramic slabs, glass products and etc.);

- tourism – implementation of co-projects for building new and reconstructed tourist hotel complexes, tourist zones in Uzbekistan, exchange of experience on establishment of joint tourist agencies, preparation of cadres for management and tourist services, participation of Polish and Uzbek companies in tourist exhibitions and fairs.

Also, among others it was specified to establish venture companies with the purpose of application of innovation technologies to the real sector of economy, engineering companies and project firms as one of the perspective direction of cooperation.

In the framework of business forum, there was constructive dialog and study of investment proposals on establishment of investment cooperation between Polish and Uzbek companies. As a result of presentations and bilateral talks with the leaders of foremost polish companies, 8 Memorandums and Protocols of understanding for delivery of carbamide, acetate sutures, establishment of joint ventures on production of bit chemicals and detergents, vaccines and serums, electric oven and gas-stove, domestic appliances, agricultural machines and equipments was signed by sides.

By the result of the meeting of Uzbek-Polish Intergovernmental committee of economic cooperation there was a signature of Memorandum of understanding between “Uzinfoinvest” Agency and Polish Information and Foreign Investments Agency.