Business Forum "Partnership of Grodno Region with the Republic of Uzbekistan" was held in FEZ Grodnoinvest
Within the framework of three-day visit of the delegation of the Republic of Uzbekistan to Grodno region a business forum "Partnership of Grodno region with the Republic of Uzbekistan" was held in the administration of FEZ Grodnoinvest. The forum was attended by FEZ residents, directors of Grodno enterprises, as well as heads of Grodno region executive committee.
The guests got acquainted with the investment potential of FEZ Grodnoinvest, discussed prospects of business cooperation with directors of Grodno enterprises, visited Conte Spa JLtd.
During the meeting of the region's leadership with the delegation of the Republic of Uzbekistan in Grodno Region Executive Committee, the topic of organizing a joint venture for the production of agricultural machinery was discussed.
Following the results of the visit, memorandums of understanding on the establishment of friendly ties between Grodno region and the Republic of Karakalpakstan, Surkhandarya region, as well as agreements on cooperation between chambers of commerce and industry were signed.
The turnover of FEZ Grodnoinvest residents with Uzbekistan in 2017 amounted to 7.4 million US dollars.
Export of FEZ residents to Uzbekistan amounted to 4.4 million US dollars, import - 3.0 million US dollars.
In January-June, 2018, the foreign trade volume in goods FEZ Grodnoinvest residents with Uzbekistan totaled in 2.7 million US dollars.
Exports of goods amounted to 0.7 million US dollars, the growth rate to the level of January-June 2017 - 40.4%.
Imports of goods amounted to 2.0 million US dollars, the growth rate to the level of January-June 2017 - 137.5%.
Novogrudok Gas Equipment Plant JSC, Kronospan Ltd., Lakokraska JSC and others supply products for export.