Uzbekistan and Indian companies have signed 30 MOUs in the field of metal and non ferrous metals, gas and oil, branded products, pharma, tourism, IT and chemical products.

Mr Ilkhom U Khaydarov Chairman of the Investment Board of Uzbekistan at the recent ASSOCHAM seminar on India Uzbekistan Economic Cooperation said the largest number of MOUs have been signed in pharma sector worth USD 85 million.

He further said out of 100% pharma industry in Uzbekistan, 20% share belongs to India and there was still a huge untapped potential. The Uzbekistan delegation was accompanied by Mr Kamalov Deputy Minister, Ministry for Foreign Economic Relations, Investment and Trade; Mr I.Khaydarov Chairman SSC Uzbekyengilsanoat; Mr M Dusmuratov Chairman of SSC Uzpharmsanoat; Mr R Abdukhamidov Chairman of SSC Markazsanoat export; Mr A Abduvahobov Deputy Chairman of Association Uzbekcharmpoyabzali; Mr H Nazarov Head of Department SSC Uzkimusanoat; Mr A Shamsiev Head of Department, NK Uzbekturizm.

ASSOCHAM in February this year mounted a 20 member delegation and had entered 15 business proposals.

(Sourced from www.indiainfoline.com)